By Dorothy Davis
As consumers and corporations work to reduce energy consumption, major utility companies across the United States are investing heavily into demand response and Smart Grid upgrades, evidenced by a recent report from Zpryme Research & Consulting.
Zpryme released a new report that ranks the top 10 U.S. utilities based on their demand response investments. The report also touches on the role of Smart Grid and Meter development in implementing and greatly improving demand-side management (DSM).
According to the report, DSM is on the cusp of a revolution that will forever alter the way that homes and businesses use electricity. Budgets to facilitate Smart Grid planning and implementation are on the rise, according to a March survey by Microsoft. In the survey, 73 percent of utility professionals and executives surveyed said Smart Grid planning and implementation budgets have increased.
The Zpryme report highlights, "Smart grids will revolutionize DSM by providing utilities with a flood of data that will improve the management of transmission grids and by allowing flexible, consumption-driven pricing schemes that will level power distribution curves."
Pacific Gas & Electric Co. (PG&E) takes the top spot, with Southern California Edison Co. and Florida Power & Light Co. rounding out the top three. PG&E earned the No. 1 position with a nearly $586 million DSM investment in 2010, a 219 percent increase over the past five years.
Find out who else made the list. Read the full report here: Top 10 U.S. Utilities by DSM Investment.
Top 10 U.S. utilities by demand response investment
By Dorothy Davis