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Smart Grid: It’s About More Than Saving Money

Have you heard the term smart grid? If you answered yes, you are among the 49 percent of American consumers who are at least a little bit familiar with the term. Now comes a bit harder question: Can you explain what the term means? If you said no, you are hardly alone. According to findings in the SGCC Consumer Pulse Study, conducted for the Smart Grid Consumer Collaborative (SGCC) by Market Strategies International, more than 21 percent of Americans said they know the term, but don’t know much about what it means.

Here’s the CliffsNotes version. A smart grid is an electrical grid that takes into account information and behaviors of both suppliers and consumers and uses it to provide more efficient, reliable and sustainable electricity services. Smart meters are devices used in the home to measure the amount energy used in the home. Of course, one of the major benefits of both a smart grid and smart meters is cost saving for consumers.
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