Verizon Initiative Uses IoT To Make More Electric Meters Smart Meters
Verizon is helping utilities convert more of the nation’s 147 million electric meters into smart meters using technology that takes advantage of Verizon’s LTE network and the IoT, the company said Wednesday on its policy blog. Verizon said its Grid…
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Wide Utility Solutions system allows electric utilities to upgrade without huge capital investments. “Verizon’s Grid Wide system allows companies to consume services as they need them by offering energy management solutions as-a-service,” the carrier said. “Certified smart meters installed at the customer’s home report individual power outages by sending a notice to the Grid Wide platform over Verizon’s 4G LTE network. Utilities then know exactly where the outage occurred, if it affects more than one person, how many crews they need to send out, and where to send them.” Utilities also can use the system to remotely connect and disconnect services without having to send out a truck and a crew to make the change manually, Verizon said. Only about a third of U.S. meters today are smart meters, Verizon said.