However, smart grids are better able to handle the fluctuations in energy demand around your community. This presents a number of problems with an older grid in need of modernization. As millions of Americans move to cleaner EVs in the coming years, they will need to charge these vehicles with electricity at home and around their communities. The smart grid is also helping us prepare for the electric vehicle revolution. Without a smart grid, this energy maybe not be able to be distributed when and where it’s needed. Smart grids are needed to manage geographically scattered renewable energy sources. The smart grid is enabling the adoption to clean energy technologies.Īs we look to address climate change and reduce carbon emissions, the smart grid is serving as a foundation for integrating clean energy technologies, such solar panels, batteries, wind turbines and electric vehicles (EVs). It’s estimated that the average American consumer could save up to $250 annually on their energy bills if they have access to their energy data. Ultimately, access to your energy data means saving money. For example, there are programs to reduce energy consumption of appliances or your A/C in exchange for credits on your monthly bill. There are also many new programs and services that you can enroll in that are enabled by smart meter data. You may also be able to see which areas of your home are using the most energy and swap these devices and appliances out for more for energy-efficient versions. By viewing your daily energy consumption data, you can adjust your daily patterns to save money while staying comfortable. This data can help you learn more about how and where you’re using electricity at home. Today, if you have a smart meter, you may have more access to and control over their energy data than ever before. In the past, power companies only sent data to customers in the form of monthly bills that provided basic information, such as the total amount of energy consumed and the dollar amount owed. Like other areas of society, there has also been a data revolution in the energy industry. Energy data can now power hundreds of dollars of savings. Let’s look at several of the other key benefits that the smart grid is bringing to you: 1. The smart grid is also providing the foundation necessary for meeting our present-day and future energy needs, such as preventing storm-related outages and addressing climate change. Using digital technologies, like smart meters and sensors, today’s modern “smart grids” are optimizing the delivery of power to your home and around your community. Over the last decade, there has been considerable progress in updating our power grids, which until recently had remained largely unchanged since the early days of electric power.
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