In what could become a game-changer when it comes to putting smart grid technologies in action on a massive scale, GE and its partners today unveiled the new Energy Smart Miami initiative, which will deploy more than 1 million advanced wireless “smart meters” to every home and most businesses in Miami-Dade County. The groundbreaking project has the potential to be the most comprehensive and holistic smart grid city implementation ever launched in the United States.
Energy Smart Miami will empower Florida Power & Light customers to use in-home devices to pay lower prices for electrical power — such as using off-peak energy on high consumption washers and dryers and plug-in vehicles. While so-called “time-of-use” pricing reduces consumer energy use by 5 percent, studies show that when combined with technologies such as smart appliances, smart thermostats and home energy displays, savings can jump to an average of 25 percent. And in a yearlong study by the U.S. Department of Energy, smart grid customers reduced peak consumption by up to 15 percent — and overall consumption by up to 10 percent.