If consumers had in-home displays showing how
much energy they are consuming at any moment
and the price of that energy, they are more likely to
curb their consumption to cut costs. Home
thermostats and appliances could adjust on their
own automatically, depending on the cost of power,
and even obtain that power from nontraditional
sources, such as a neighbor’s rooftop solar panel.
Instead of power flowing from a small number of
power plants, the smart grid will make it possible to
have a distributed energy system. Electricity will
flow from homes and businesses into the grid, and
they will use power from local and faraway sources.
Besides increasing energy efficiency, converting to
smart grids along with other related energy
initiatives could create up to 370,000 jobs.
If consumers had in-home displays showing how
much energy they are consuming at any moment
and the price of that energy, they are more likely to
curb their consumption to cut costs. Home
thermostats and appliances could adjust on their
own automatically, depending on the cost of power,
and even obtain that power from nontraditional
sources, such as a neighbor’s rooftop solar panel.
Instead of power flowing from a small number of
power plants, the smart grid will make it possible to
have a distributed energy system. Electricity will
flow from homes and businesses into the grid, and
they will use power from local and faraway sources.
Besides increasing energy efficiency, converting to
smart grids along with other related energy
initiatives could create up to 370,000 jobs.
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