Wednesday, July 11, 2007

Utilities to Pay $39 Billion for Advanced Power Meters, Datamonitor Says

(Bloomberg) -- Utility companies in Europe and North
America may install advanced meters costing as much as $38.6
billion in households by 2012, to help customers cut energy use and
curb related carbon-dioxide emissions.

As much as 89 percent of homes in North America and 41 percent
of dwellings in Europe may have ``smart meters'' by 2012, compared
with just 6 percent at present, according to a report published
today by market research company Datamonitor. That means installing
about 189 million meters.


Read more at Bloomberg Energy News

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