It’s no wonder that smart meter rollouts have skyrocketed with supporting business case findings such as ComEd customers saving potentially $2.8 billion on their electric bills over the 20-year life of the smart meters. Largely due to the aggressive US effort to modernize its electric grid, pros and cons for smart meters are still aggressively being debated; nonetheless the number of smart meters installed in the US has ballooned over the past several years – with just over fifty utilities deploying the bulk of the investment.
In its industry brief Smart Meter Uprising, Zpryme analyzes data from the US Energy Information Administration in an effort to not only breakdown smart meter deployments by utility, but also to zero-in on the drivers that will bridge the US energy divide.
Some of the briefs key findings include:
• Despite poor economic conditions in the US, utilities will continue to deploy smart meters at a rapid pace in the near-term. However, the smart grid stimulus grants appear to be a key driver of the major smart meter deployments taking place in the US
• The market for consumer facing energy management applications, software, and devices will enter a high-growth phase in 2012 as utilities seek to leverage the full benefits of the smart grid.
• Look for utilities that have deployed smart meters to more than 50% of their customer base to lead the market for products and technologies beyond AMI and smart meters.
Read the full Zpryme industry brief here:
Smart Meter Uprising: An Industry brief spotlighting the burgeoning US smart meter market from 2009-2011
Smart Meter Uprising: A Zpryme Smart Grid Industry Brief