New Metering Options from Pepco

With power prices starting to rise, isn’t it nice to think that maybe the power companies

aren’t entirely soul-sucking profiteers? Today Pepco announced a new program that will put “smart meters” into over 2,000 DC homes, and about half of those folks will get a brand new smart thermostat that will display the power rates for cooling to specific temperature. More intriguing, though, would be the new pricing option for customers. The new Hourly power rates will change throughout the day, making power cheaper at night when demand is low, and more expensive during the day, when demand is high. Better yet, these new prices will be displayed live on the new advanced thermostat.

No word on how widely this will be deployed after the test, though, but I dig it simply because it sounds cool, and could help a lot of people save on their bills.

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