- March 14, 2019
- 334 views
A ConEd engineer says the difference between off-peak and peak rates during summer is two-and-a-half and one. Staten island and Westchester were chosen because they have the highest concentration of ConED's 1 million smart meters in the New York ara.
The money quote here comes from a senior economist who says the program could result in "modest but meaningful changes" in behavior. A 2017 study conducted in Denmark found that presentation of information related to savings is as important as the use of smart meters to enable consumer control. Of course, if the program is successful and is expanded to cover homes with smart meters, it could turn into another source of revenue for ConEd.