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Details will vary based on the technology but an example is that you will be able to see online usage reports as recent as the previous day. Residential customers will see usage in hourly increments; business customers will see usage in 15-minute increments.
A map of smart meter installations by state provided by the Institute for Electric Efficiency illustrates progress. As of May 2012, 36 million smart meters have been installed across the country. By 2015, approximately 65 million smart meters are expected to be installed—that’s more than half of all U.S. households.
While very similar to the existing electric meters, there is one big difference in the appearance of the new smart electric meter: an easy-to-read digital display instead of the spinning wheel or dial that many customers have today. For those customers, this will be the only obvious difference between the appearance of the old and the new meter.
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