Smart Metering!

powerWISE

What is it?

hourly energy tracking home

info => local distribution co (LDC)

LDC => Independent Electricity System Operator (IESO)

IESO bundles consumption into TOU price,=> LDC

What does it do?

Measures energy use: when/how much

lower your elec use during peak hrs

shift elec use to lower price periods

stores electricity use info; view via internet

no more estimated bills

faster outage response

reduce need to build generation facilities

Public education

Energy conserving tips

Smart Meters Ontario

Toronto Hydro Electric System

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Time-of-Use prices and periods

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$0.42/kWh - OFF-PEAK $0.76/kWh - MID-PEAK $0.91/kWh - ON-PEAK when demand low, less expensive energy sources usedwhen demand high, more expensive energy sources used target price ratios of 1:2:3 (off-peak:mid-peak:on-peak)ToU chart with time slots: http://www.oeb.gov.on.ca/OEB/For+Consumers/Understanding+Your+Bill+Rates+and+Prices/Electricity+Prices+in+Ontario#tou

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Articles

Open standards for a smart electric grid

Contacts

Studies have shown that having such consumer energy info in real-time can reduce energy use by 5 to 15%