State OKs funding for Edison meters
State regulators approved $45.2 million of early-stage funding for Southern California Edison’s program to install high-technology electricity meters that would give the utility and its customers more timely data on their power usage.
The California Public Utilities Commission approved the funds to cover “pre-deployment” spending on business, technology and tariff programs before the utility, a unit of Edison International, installs the meter system for its 4.8 million customers.
The devices would allow utilities to read customer energy data remotely, reducing operating costs, and give customers more timely information about their energy use and prices.
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