"Escalating consumer opposition is delaying efforts to deliver power more efficiently because the gadgets anchor next- generation transmission grids. Several utilities, including one owned by Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), are holding off on roll-out plans until regulators decide whether they can force consumers to pay costs for the technology that utilities also refuse to pick up. Smart meters, so called because they allow real-time usage monitoring, originally were pitched by the industry as a boon to consumers for increasing control over consumption. While the effort won grants from the Obama administration, consumer advocates say benefits have yet to materialize as promised."

"While the companies anticipate cost savings, they’ve pushed for the expense of buying and installing the new meters to be passed on through customer bills."

http://www.bloomberg.com/news/2012-05-08/smart-meter-defiance-slows-adoption-...

10 May 2012 - 5:25
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