Con Ed’s ‘smart meters’ will empower information flow, billing in NYC
But $1.3 capital costs may raise rates, and opting out will cost
The era of the human meter reader is coming to an end.
Con Edison has begun installing smart meters in homes and businesses throughout Brooklyn. Smart meters are digital meters that automatically communicate with Con Edison through a wireless communication network. The meters provide more detailed information about a customer’s power usage, allow customers to connect to this information online and set up high bill alerts, and automatically alert the company if the power shuts down.
The meters will help customers manage their costs, and will be able to interface with solar energy equipment, according to Con Ed. The devices read residential electric meter every 15 minutes, and business customers every five minutes.