A smart meter is an advanced type of gas and electricity meter that has the ability to digitally send meter readings to an energy supplier for more accurate energy bills. Advanced metering infrastructure (AMI) is architecture for automated, two-way communication between a smart utility meter with an IP address and a utility company. The goal of an AMI is to provide utility companies with real-time data about power consumption and allow customers to make informed choices about energy usage based on the price at the time of use.
Complete research on smart meters and AMI technology in order to write a short 2-3 page essay discussing the following questions:
- What type of infrastructure changes must be made to upgrade standard meters to smart meters? What are the cost drivers?
- How do smart meters affect the overall electrical industry in term of jobs?
- What privacy concerns do consumers have regarding the technology? Are these concerns valid?
- Is the addition of smart meter technology an overall net positive or negative for electrical suppliers? Consumers?
Compose your work in a .doc or .docx file type using a word processor (such as Microsoft Word, etc.)
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