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Canadian & Global News

Meters prove not so smart

January 7, 2010
The Toronto Sun

McGuinty and his ministers assured the public the new, hi-tech meters would save consumers money and promote energy conservation by allowing customers to track power usage hour by hour and to purchase electricity for household uses, such as laundry and dishwashing, when it was cheapest.  “Smart meters, together with more flexible pricing, would allow Ontarians to save money if they run appliances in off-peak hours,” the premier said in April 2004.  Then-energy minister George Smitherman estimated last May time-shifting could save people 3%-5% on their monthly bill. Toronto Hydro now says, so far, that’s not the case. 

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