He could be referring to time of use and critical peak demand pricing that smart meters will be able implement. During a heat wave, the utility could declare a critical peak event and raise your rates to 50+ cents per kwh at a time when you need electricity the most. Instead of increasing generation capacity utilities will simply jack up their rates to exorbitant levels to effectively ration out electricity. This is good for the greenies and the utilities, but terrible for everyone else.
He could be referring to time of use and critical peak demand pricing that smart meters will be able implement. During a heat wave, the utility could declare a critical peak event and raise your rates to 50+ cents per kwh at a time when you need electricity the most. Instead of increasing generation capacity utilities will simply jack up their rates to exorbitant levels to effectively ration out electricity. This is good for the greenies and the utilities, but terrible for everyone else.
Absolutely, right on the money. It's really annoying how some will drink up the smart meter koolaid. It's like a enron scheme all over again.
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