Oncor installs two millionth smart meter

Dallas, August 22, 2011 — Oncor installed its two millionth advanced meter in Carrollton, a suburb of Dallas. The company, which began installing advanced meters in 2008, has completed about two-thirds of its planned advanced meter deployment throughout its service area.

Oncor's advanced meters record energy usage in 15-minute intervals, giving customers with advanced meters access to daily and cumulative energy usage information online through the state's Smart Meter Texas web portal.

Customers can also review their usage information — as well as their carbon footprint and prices per kilowatt hour — in near real time via energy management devices such as in-home monitors and other home area network devices.

Customers should contact their retail electric provider to learn what services are offered using advanced meter information to help them become a more informed consumer.

Earlier this month, Oncor, along with Grid21 and CenterPoint Energy, launched the Biggest Energy Saver Consumer Contest, which rewards customers who use data from their advanced meter to sustainably change their habits and reduce their energy usage.

Studies worldwide demonstrate that consumers with easily accessible information on how they use electricity and what it costs save five to 15 percent on their energy costs. Based on this data and current customer consumption patterns, Oncor estimates customers within its service area could collectively save up to $250 million annually and reduce the need for up to a dozen new power plants over the next decade.

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