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'Smart Meters' Not Smart Enough to Slash Residential Power Use and Significantly Reduce Consumer Electric Bills - Electric Energy Online
Consumers could cut their household electricity use as much as 12 percent and save $35 billion or more over the next 20 years if U.S. utilities go beyond simple "smart meter" initiatives to include a wide range of energy-use feedback tools that get consumers more involved in the process of using less energy, according to a major new report from the nonprofit American Council for an Energy-Efficient Economy (ACEEE).ACEEE based its findings on a review of 57 different residential sector feedback programs between 1974 and 2010. The new report concludes: "Advanced metering initiatives alone are neither necessary nor sufficient for providing households with the feedback that they need to achieve energy saving; however, they do offer important opportunities. To realize potential feedback-induced savings, advanced meters must be used in conjunction with in-home (or on-line) displays and well-designed programs that successfully inform, engage, empower, and motivate people."
ACEEE found that three of the most promising approaches in the short- to medium-term include enhanced billing, daily/weekly feedback, and "off line" and Web-based real-time feedback. However, far-reaching programs that go beyond "smart meters" are few and far between. According to ACEEE, no U.S. utilities are currently providing the full range of needed services.

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