Agreeing to a smart meter is agreeing to peak pricing. Aug 2010

If consumers all expect to save money with 'off peak' pricing, then electric company revenues will fall. Yet building the smart grid is expected to cost billions. Its nonsense to believe the smart grid can be built by companies with falling revenues. And its appalling math to believe that juggling production has enough margin to give customer savings plus added revenue for grid build-out.

Prices must go up, and once your smart meter is in place, electric companies can charge you for peak times >>> and your consumption peaks just as you arrive home from work and turn on TV, shower and cook. Ultimately individual consumers will be bidding in a seller's market, against one another, and against large users, and against game-software at a website that knows your IP address, home address, and exact consumption history. I bet on the electric company to win.

Gene Haynes

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