Recently my household received a note from the local electricity provider Southern California Edison that Smart Meters will be installed in my local neighborhood in the next few weeks.
The company expects that electricity will cost no more than 1.6% more to your electricity bill. However Edison exclaims that with the ability for customers to monitor their energy consumption easily they expect customers will be able to save on their electricity bills.
I expect that there will be incentive programs for people to run certain appliances like washing machines at 1am.
If you want to find more information about Edison SmartConnect visit their website.