50 million out there and growing fast:
Edison Report on Smart Meters
The graph below shows progress over time. Doubled from 2009 to 2011. Doubled again from 2011 to 2014!
But still very few experiments with price signals. Some interesting ones though, all voluntary.
Interesting that there is no political consensus that there should be peak demand prices that are MUCH higher than average time of day. Conversely, it is pretty amazing that no movement has surfaced to create a uber-cheap energy pricing time of day – probably from midnight to 5 a.m. If such a movement were to develop, I would argue that pricing at $5/KWH or less would be totally appropriate for off-hours, $10 for regular, and $50 or more for the 30 minutes around “peak” would be very appropriate. This would create the right incentives and effectively stop the idiotic construction of electric utilities in the US. After all, these incremental facilities have one and only one objective – to cover peak demand, which is still unfortunately growing.
Commentary pulled out below:
Smart pricing programs include Baltimore Gas & Electric’s Smart Energy Rewards, Oklahoma Gas & Electric’s SmartHours, Pepco and Delmarva Power’s Peak Energy Savings Credit, San Diego Gas & Electric’s Reduce Your Use, and Southern California Edison’s Save Power Day.
Some customers are using devices like programmable controllable thermostats to respond to the price signals, while others are altering their behavior – all to take advantage of the opportunity to save money on their electricity bill. While these programs have different names and nuances, all are enabled by smart meters and, for most customers, the result is energy savings, bill savings, and increased satisfaction.
My own check of the data tells me that there are about 50 big utilities, and – with the exception of some really slow ones, like NY and Illinois and Dominion in Virginia, and also NC – most are either full deployed or will be by end of 2015.
On the other hand, pricing strategies area, well, pathetic. Not sure why. Here is my spreadsheet: