How to Use Metering Data Beyond Billing to Create Value
image credit: Greenbird Integration Technology
- Mar 1, 2021 10:58 pm GMTMar 1, 2021 5:27 pm GMT
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Over the past 20 years, increased urbanization paired with the growing recognition of climate change has resulted in the rise of the clean energy economy. The clean energy economy relies heavily on the on-going development of renewable energy, distributed energy resources, and long-term energy efficiency at the grid-edge. These clean energy plans often neglect the importance of leveraging a tool that has been part of the energy distribution grid since nearly its inception: the meter.
Historically, collecting meter usage data has been a manual task for most utilities. Automatic meter data collection was introduced in the mid-80s largely due to the emergence of AMR technology for water and energy metering devices. Today, smart meters can remotely collect consumption and diagnostic data and then transfer that data to a central database for billing, analyzing, and troubleshooting. As smart meter capabilities expand, it's important for utilities to understand how this technology can play a critical part in the clean energy economy. We will explore smart meters’ full breadth of capabilities and how they can promote energy efficiency at the grid's edge.