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Speakers: Smart meter sector needs help from regulators

Published Tuesday, May 06, 2008

ORLANDO--Currently, smart meter penetration nationwide is less than 5%, and use of the intelligent devices won’t proliferate—and consumers won’t reap their full benefits—until regulators change the way they think. So said two speakers yesterday at the Utilities Telecom Council’s annual conference. One of the problems facing utilities is that regulators over the past two decades have kept rates artificially low, according to Mike Burns, senior product manager for Itron, which develops communications systems for automatic meter reading applications. Burns added that rate freezes over the past 10 years have retarded capital investment to the point that utilities now ...

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