20 Sep '11, 5pm

Will the Smart Grid Really Deliver Cheaper Bills?

Will the Smart Grid Really Deliver Cheaper Bills?

Telecom analogies are both endlessly instructive and inherently limited when it comes to thinking about where smart grid is going. Consider this: When I was a pre-teen, commercials for caller ID boxes were everywhere. I begged my mother to let me buy one for the kids' phone line using her credit card (I would reimburse her, of course). She told me that “only drug dealers and the mob” would need such a contraption. She was, of course, wrong. Maybe everyone didn't need caller ID, but everyone wanted it. The value of deregulation in the phone industry was not that households saved tons money because of competition. Lots of people did save money at first -- switching from flat rates to nights and weekends, 5-Cent Sundays and the myriad of other pricing plans that popped up. Then there were the add-ons: caller ID, digital voicemail, cell phones for everyone in the family -- and...

Full article: http://www.greentechmedia.com/articles/read/will-smart-gr...

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