Witnesses for the PSC’s Public Interest Advocacy staff say the average Smart Usage customer pays approximately $200 more per year than on a traditional rate plan.
Con Edison s Smart Ideas Earn Recognition From Consumer Research Group
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NEW YORK, April 21, 2021 /PRNewswire/
A consumer research group today bestowed an award on Con Edison for using its new smart meters to improve programs that pay residential customers for reducing their usage at times of high demand.
The Smart Energy Consumer Collaborative named Con Edison winner of its Best Practices Award in the Smart Energy Innovation category. The organization cited Con Edison s technology that helps aggregators enroll residential customers in demand response programs, which are also called Smart Usage Programs. Con Edison is honored to accept this award and excited about the new opportunities our investments in smart meters and smart grid technology are creating for our customers to earn payments in our innovative demand response programs, said Greg Elcock, Con Edison s director of Energy Efficiency and Demand Management. We are pleased that
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624 views The issue is that this doesn t get better with time,” said Rodney Blevins, the CEO of Dominion s utility operations in South Carolina. The second-largest U.S. power company by market value in the United Staes, Dominion Energy Inc. agreed not to pursue their intended rate hike for some 750,000 customers. Lawmakers, regulators and utilities all agree that the timing is not ideal for the average American to face a rate increase. But what happens to all those unpaid bills and how will utility costs be recouped? Typically, utilities write off uncollectible bills, and the costs are recovered from all customers in the form of higher rates. But things are far from ‘typical’ lately and if Dominion is unable to increase rates at this time, the situation can only worsen. Dominion says the rate hike would boost its finances and help the utility recover money it invested in its power plants, electric lines and other infrastructure over the past eight years. The u