Automated/Smart Metering:
Implementing Dynamic or Real Time Pricing or Time-of-use rate structure and billing is not so complicated any more. Communication linkages could be used to send out variable price signals or schedule time periods while low, moderate, or high price levels will be in effect. The technology used to receive and respond to such price signals will be automated energy management systems in which implement predetermined consumer preferences regarding tradeoffs among cost and comfort or convenience. Automatic/Smart Metering successfully used through several utilities provides the best effective solution to this problem.