The smart grid is the evolution of our current electrical grid, using new technology to optimize the conservation and delivery of power. All told, the smart grid promises to increase the efficiency of today’s system by around 9% by 2030, saving more than 400 billion kilowatt-hours each year. That’s huge. That means we could save $42 billion in year 1 and as we keep saving energy, its value each year only increases.

The "grid" refers to our nation's electric power infrastructure. Smart grid is the application of information technology, tools and techniques that can make the grid run more efficiently. The current electric grid is highly inefficient and very much in need of modernization.

There will be no charge for the meter or the labor to install the meter.

When data is collected from a meter and transmitted wirelessly to the utility, the data contains specific unique identifiers associated with the customers meter number and service address.

These fields are validated numerous times to ensure accuracy before the data is used for billing. This process is similar to the cell phone technology where each cell phone has a unique number that goes with every communication which is used to identify a cell tower and connect your call to the correct location