The Coming Energy Revolution

In the article "The Coming Energy Revolution", author Rachael King discusses the new smart-grid technology advantages that will bring huge savings to companies and to consumers. Companies can easily spend millions of dollars a year on just electricity bills. But now companies are thinking of new ways that they can cut those bills dramatically by using this new smart-grid technology. The companies, along with the electric company, will work out an agreement so that the company can still run their business from their own generators saving them hundreds of thousands of dollars a day and the electric company won't have to worry to try to put out so much energy in one place in high peak times that could result in blackouts. There are many more advantages to the new smart-grid technology. Companies that are concerned with going green, can buy other types of energy that is renewable such as wind or solar energy. While they may pay a bit more in the long run, they will be able to meet their go-green targets. Eventually, many places will be installing new smart meters that will allow information to travel in two-way street where power and information flow in both directions between the utility and the customer. Customers can even negotiate with the electric companies to allow them to automatically turn down appliances during peak times with more than likely a discount in exchange for the lack of power to certain systems. This new smart-grid technology will bring many new benefits that if done right can cut bills, reduce consumption give users more say in the kinds of energy they use and even let customers produce their own energy and sell it back to the power providers. Overall, this new smart-grid technology may be expensive to produce but in the long run, it's going to save a lot of people a lot of money.