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According to Innovation Observatory, the smart grid upgrade in the United States will cost $60 billion, including the meters, grid automation, communications infrastructure, IT systems and hardware, systems integration, and home area network equipment. China will outspend the US on smart grid investments by 2016. Other countries expected to be in the top ten spenders on the [...] The Brattle Group’s recent study suggests that Smart Meters will provide net benefits from $96 to $287 million over a 20-year time period for a U.S. utility with one million residential customers. That does NOT seem like a ton of benefit… at the high end, $287 per residential customer over 20 years is less than $30 [...] |
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