New meters to transform SA power

source: Fin24
Feb 11 2010 06:52
Francois Williams

Cape Town – The introduction of smart electricity meters will create a revolution in the South African power market, says consultancy Frost & Sullivan.

Frost & Sullivan’s energy analyst Ross Bruton says the market is being driven by the energy crisis that obliges Eskom and companies to reduce the electricity demand.

Smart electricity meters make it possible to charge tariffs according to the time of day the electricity is used – that is to say, electricity used during peak consumption periods will cost more.

This also makes it possible to switch off household equipment or geysers remotely, and establishes two-way communication between consumers and [continue reading]

Advertisements


%d bloggers like this: