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Report: Over Eight Million Smart Meters Deployed in U.S., with Millions More to Come
July 21, 2009Source: Clean Edge News
With over eight million smart meters already deployed in the U.S.,
the market for residential energy management has taken the first
significant steps in deploying Smart Grid technologies and advanced
meter infrastructure (AMI) on a broad scale, according to Parks
Associates.
The international research firm, which recently completed the report
Residential Energy Management: Company,
Alliance & Technology Profiles, says these deployments will open
up significant opportunities for companies in the REM value chain.
Public, private, and consumer factors are all driving this growth,
and the Federal stimulus bill, with the support of the Obama
Administration, allocates $11 billion for smart grid initiatives
through 2010.
"Already over six percent of all U.S. meters are smart meters, and
utilities throughout the U.S. are announcing new deployments and
pilot programs daily," said Bill Ablondi, home systems research,
Parks Associates. "We completed the Profiles report to analyze
current players in this area and how their deployments will impact
growth in consumer digital lifestyle device and service categories."
Residential Energy Management: Company, Alliance & Technology
Profiles provides coverage of more than 60 companies and ten
alliances, including Home Area Network (HAN) solutions and component
suppliers; metering solutions manufacturers; Smart Grid enablers;
and technology enablers.