My Smart Meter was installed a few days ago.
By 2010, all households in Ontario will have one of these hi-tech babies attached to the wall, measuring electricity use.
Currently, this new digital meter measures energy at a set cost per kWh, just like the old mechanical meter that it has replaced, but when it's activated in 3 years time, it will measure the time of day that the energy is used.
When demand for energy is high, the cost per kWh will also be high, and vice versa. So I'll have to get used to doing my laundry and washing my dishes between 10pm and 7am, or on weekends, or pay the price.
This is supposed to help build a conservation culture in Ontario, but I wonder if it's just another subtle way of making us pay more for electricity, hoping that we won't notice.