It’s no secret that Advanced Metering Infrastructure is a foundational piece of building a smarter, more resilient grid. And, the data backs it up.
This month, the Edison Foundation Institute for Electric Innovation (IEI), released its “Electric Company Smart Meter Deployments” report—giving visibility into smart meter installations across the United States.
Using data gleaned from approved plans, completed and ongoing deployments, and proposals before state regulatory commissions, IEI estimates that 75% of U.S. households will have had smart meters deployed by the end of 2020. This equates to approximately 107 million meters installed across the county. IEI projects the growth trend to continue with 115 million smart meters deployed by the end of 2021.
The report also provides a glimpse into how smart metering technology is being leveraged for next-level grid innovation across the country. IEI highlights specific examples of successful utility-led programs technology capabilities that help show the value of smart meters.
The 30-page report offers additional insight on:
- The increasingly important role that smart meters are playing during the COVID-19 pandemic
- How data and analytics are being used to give customers more visibility and control over their energy usage
- The projected $41.8 billion in distribution grid investments that utilities spent in 2020
Read the complete “Electric Company Smart Meter Deployments: Foundation for a Smart Grid” report.