May 15, 2012
For the past decade, the power industry has pitched the benefits of so-called smart meters, promising lower bills and more control over energy use. Lately, though, some consumers have started pushing back, saying the gadgets compromise privacy, raise costs rather than cut them, and threaten health with electromagnetic fields from the radios the meters use to transmit data. The backlash has slowed improvements to America’s power grid as some utilities hold off on rollout plans while regulators weigh the potential benefits against the cost of the programs, expected to reach nearly $29 billion nationwide by 2015. See Bloomberg.