You upgrade your computers and other office equipment periodically so when was the last time your business upgraded its electric meter?
Well you are not alone; as with most commercial businesses electric meters have not been touched since their initial installation. Not to worry though, your local electric company will soon bring your electric meter into the 21st century as a Smart Meter.
These new meters will help provide their customers with detailed consumption breakdowns and communicate information back to the utility for monitoring and billing. They will help match consumption with generation, and promise major energy savings by changing how and when we use electricity.
Soon you will be able to:
- Monitor, track, and adjust real-time energy usage.
- Get more accurate billing to create better utility expense forecasts.
- Quickly identify energy hogs allowing for consumption adjustment to assist in lowering bills
- With real-time pricing, you may choose to run certain business processes based on off-peak pricing
- Depending on your type of business you may benefit by shifting working hours based on lower energy prices.
- Calculate an ROI for making a decision for an investment in an alternative energy solution like solar or wind for your business.
The smart meter/grid is rapidly progressing so begin today to start learning about how you can incorporate it into your business to save money.
