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Are Smart Meters Being Used Smartly? A Case Study of Residential Electricity Customers in Vermont

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  • Wang, Qingbin
  • Lewandowski, Samantha

Abstract

Approximately 92% of electricity meters in Vermont, and more than 40% across the United States, have been replaced with smart meters because of their potential for improving grid efficiency and reducing electricity costs, but there is little information regarding efficiency of utilization by electricity customers. In this study, based on data from statewide surveys in Vermont, only 45% of respondents reported having a smart meter and, of those, only 12% indicated that having a smart meter had reduced their electricity use. Findings suggest that consumer education through Extension and other programs is needed for improving the efficacy of smart meters.

Suggested Citation

  • Wang, Qingbin & Lewandowski, Samantha, 2016. "Are Smart Meters Being Used Smartly? A Case Study of Residential Electricity Customers in Vermont," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236144, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea16:236144
    DOI: 10.22004/ag.econ.236144
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    References listed on IDEAS

    as
    1. Honebein, Peter C., 2010. "We Got a New Digital Electric Meter. Our Usage Went Up 123%. Our Bill Went Up 65%," The Electricity Journal, Elsevier, vol. 23(2), pages 76-82, March.
    2. Peter A. Groothuis & Tanga McDaniel Mohr, 2014. "Do Consumers Want Smart Meters? Incentives or Inertia: Evidence from North Carolina and Lessons for Policy," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
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    Cited by:

    1. Batalla-Bejerano, Joan & Trujillo-Baute, Elisa & Villa-Arrieta, Manuel, 2020. "Smart meters and consumer behaviour: Insights from the empirical literature," Energy Policy, Elsevier, vol. 144(C).

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