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Wednesday, May 09, 2007

Pay-as-you-go power meters

AdelaideNow... Pay-as-you-go power meters: "Customers will be able to buy electricity credits, and then swipe the card on the meter, enabling them to monitor consumption and cost."

I can see this becoming popular for 3 reasons. Firstly pay as you go puts you in control. A lot of people use the other pay as you go facilities and offers for other household expenses. It means you do not get sudden, big, unexpected bills. It also means you can see the household consumption. To me, that is a big plus. If you give people feedback, they will monitor and change their behaviours. It means people are not victims and just recipients of bills. They can adjust their household behaviour and finances according to their own wishes. I can see this company being a big competitor...just needs to get a bit more green!

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