Monday, July 20, 2009

US Possesses 8.3 Million Smart Meters

Roughly 6% of US households now have smart meters, up from 4.7% of last year; and the number is expected to quadruple by 2011 (link).

The 8.3 million smart meters installed as of May 2009 make up more than 6 percent of the total number of residential electricity meters in the United States.

That's up from 4.7 percent penetration as of 2008, according to a December report from the Federal Energy Regulatory Commission (see Smart Meter Installations Grow Nearly Fivefold).

But the real growth is set to come in the next few years, as large-scale smart meter deployments by the country's biggest utilities - as well as smaller scale installations by hundreds of smaller cooperative, municipal and public utilities – continue, according to Bill Ablondi, Parks Associates' director of home systems research.

Smart meter penetration is expected to grow to 13.6 million by next year and more than 33 million by 2011, he said.

- Brewskie

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