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The country-level installed base of electric smart meters is expected to be led by China, with more than 435 million electric devices installed by December 31, 2020, followed by the United States with about 132 million by the same date.ĭespite the promise of empowering people through enhanced consumption data and provide savings, however, some people are scared and resist the idea of smart metering, citing concerns about meter accuracy, data security, and health. The smart meters market is scheduled to grow significantly in the near future: in the next ten years or so, - Navigant Research forecasts - the overall economic opportunity coming from smart metering will amount to nearly $57 billion worldwide.
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Of course, it's not enough to have information available, you have to able to analyse it as well PECO uses for this a software developed by business intelligence company Qlik to leverage the big data their meters are generating and have a better understanding of how much energy their customers are using. "There's a benefit to both suppliers and the customer in that case - he adds - The customer's bill goes down if he shifts his lifestyle to do more stuff on a Saturday, while the electric company benefits by spreading out that load more in a weekend instead of a weekday".
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Since, as a supplier and as an electric distribution company, there's a lot easier generation available on a weekend than there is a weekday, knowing this we would try to shift that customer's load usage and consumption behaviors to a weekend instead of on a weekday, by giving them free electricity on a Saturday.
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"Let's say we have a customer, my father for example - Key manager for Advanced Grid Operations and Technology of Philadelphia-based utility PECO, Ron Katzman, says - who doesn't use electricity very much on the weekends.
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The real time monitoring and the possibility to adjust and seamlessly modify the energy supply of a certain customer, is also what allows utilities and energy companies to apply different rates according to the time of the day, or the day of the week, in which the energy is used. Now it can be done almost instantaneously. In the read-only era, if somebody got shut off for not paying the bills, and then wanted to be turned back on, the company had to send a technician, which was expensive, and it could take up to a couple of days to have the service up and running again. Our core competitiveness is to develop added values of high quality products and provide efficient designs service.Perhaps the clearest example of this, is the remote connect‑disconnect switch. With our specialty and expertise in display manufacturing, EDT started technology and process development for capacitive touch since 2007. The `plug and play` Smart Embedded solution takes the workload from our partners and customers, faster and more profitable, with warranty for the total solution and technical support… We manufacture and combine display, touch, cover lens and graphics control board.ĮDT is one of those very few companies which have a comprehensive Quality System Roadmap in place, built up phase by phase from day one. Over 20 years of experience in display and touch development with worldwide service network.