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- What is a Smart Meter?
- Why is North Bay Hydro installing smart meters?
- I don't want to have a smart meter installed. Can I refuse?
- When will I get my Smart Meter?
- How does it work?
- What is time of use pricing?
- Why time of use pricing?
- Will I be charged Time-of-Use pricing once my Smart Meter is installed?
- Will I receive a Smart Meter if I am currently with, or moving to,
a retailer?
- Will I pay time-of-use rates?
- Why have Smart Meters?
- Will my bill go up?
- What can I do?
What is a Smart Meter?
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A smart meter tracks how much electricity you use and when you use it
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The smart meter relays your daily consumption to North Bay Hydro through a wireless
device.
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This represents key information to help you better manage your electricity costs.
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Why is North Bay Hydro installing smart meters?
I don't want to have a smart meter installed. Can I refuse?
When will I get my Smart Meter?
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Starting in July of 2009, North Bay Hydro will be installing Smart Meters.
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Installations should be complete by 2010.
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How does it work?
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On an hourly basis, the amount of electricity you use is tracked by the smart meter
on your home.
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Each day, this hourly information is sent by wireless connection to a data collector
located in your neighbourhood.
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Only authorized parties, such as North Bay Hydro, will have access to the highly
secure database.
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Homeowners will have access to their energy use data in two ways:
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North Bay Hydro invoices will provide consumption data each billing cycle; and
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It is North Bay Hydro’s intention to make the previous day's energy consumption
information available each morning on a secure personalized web page.
This information allows you to manage your energy use based on time-of-use prices.
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What is time of use pricing?
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Time-of-use prices reflect the fact that the cost to provide electricity changes
throughout the day. When demand is low, less expensive sources of electricity are
used. When demand rises, more expensive forms of electricity production are called
upon, making prices higher.
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Why time of use pricing?
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Large quantities of electricity can't be stored in a practical way, so it must be
produced to meet demand on an instantaneous basis. As a result, the province needs
enough generating capacity to meet the highest levels of demand at any one time.
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In 2006, for example, Ontario demand surpassed 25,000 MW for only 32 hours of the
year. As a result, the province needed the extra production capacity – just to meet
those few hours when demand reached record levels.
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High demand peaks affect the power system in three ways:
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They strain the power system. Particularly during sustained heat-waves, power generators
work at almost full capacity.
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High demand pushes up the cost to produce electricity. At peak, more expensive types
of electricity production are called upon.
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Peak demand forecasts are used by power system planners to determine how much more
power production the province will need in the years ahead. The higher the demand
peaks, the more investment will be needed in the electricity system - building new
generation plants, new transmission and distribution infrastructure.
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Will I be charged Time-of-Use pricing once my Smart Meter is installed?
Will I receive a Smart Meter if I am currently with, or moving to,
a retailer?
Will I pay time-of-use rates?
Why have Smart Meters?
Will my bill go up?
What can I do?
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Saving your money, the grid and cutting greenhouse gas:
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Try setting your dishwasher to start after 10:00 pm when off-peak prices begin.
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Clothes dryers consume a lot of energy. Wait until evening or the weekend and you’ll
pay a third of the cost.
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Set your air conditioner a few degrees higher than you normally would, and turn
it off when no-one is home. Making wise use of your air conditioner will have the
biggest impact on your summer energy bill.
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In winter, turn the heat down a couple of degrees when you’re not at home. Even
if you’re home is heated with gas or oil, you’ll reduce the cost of operating the
furnace fan.
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Run cold-water washes during off-peak hours.
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If you have a pool, run your pump and heater during off-peak hours. You may only
need to run your pump for six or eight hours a day.
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Turn off or unplug any appliance or light that is not needed. Why pay for electricity
that you’re not using?
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Future smart appliances outfitted with computer chips will be able to sense when
the transmission system are stressed and partially turn themselves off to save critical
kilowatts — potentially staving off catastrophe. Consumers will experience minimal
impact when their dryer’s heating element temporarily cool as the drum keeps tumbling
until the grid re-stabilize.
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This information is provided as a public service. Although we endeavor to ensure that the information is as current and accurate
as possible, errors do occasionally occur. Therefore, we cannot guarantee the accuracy of the information.
Readers should where possible verify the information before acting on it. External Links Disclaimer
Privacy Policy Statement. Copyright 2003 - 2008 © North Bay Hydro - All Rights Reserved
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