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The new electric energy meter can crunch usage data into billing reports, telling users, sometimes at an hourly level, when they're spending the most on power and how to cut back on costs. They can alert homeowners when their usage spikes. They can even integrate with customers' preferred smart phone budgeting apps. If customers shape their habits around those data—say, cutting down usage at peak times—the result could be less stress on power grids, lower consumption of fossil fuels at plants, and lower electric bills for customers.
Your electric energy meter also say a lot about you. It could indicate whether you're at home or on vacation, what time you're awake or asleep or when you run certain appliances.
