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The New York Times (NYT) published an article today about the coming "smart grid" pilot to the Chicagoland area and their utility Commonwealth Edison. The story starts with a quick synopsis of how one customer is saving money with real time pricing (RTP).
Here's an excerpt of one interesting passage on "dumb" pricing (their term not mine):
“It’s like if you walked into the supermarket and everything was priced the same, and you could take as much or as little as you wanted, swipe a card at the cashier, walk out, and six weeks later they’d send you a bill,” said Mr. Butler, who is also commissioner of the New Jersey Board of Public Utilities. “It gives you no data on how much things cost, how much you’re using and how you can switch from one thing to another.”
Overall, this is a great piece about the benefits of real time pricing. It even touches on the ongoing efforts of Illinois residents. The work being done by these customers is getting noticed, and you should be proud of the standard you are setting to hopefully give this option to more families that can benefit.
Check out the article here.