Houston Chronicle: Utilities back out of deal to create smart home electricity networks
Aug 14, 2018 | News Roundup
Aug. 13 — Utilities made a promise several years ago when they built Smart Meter Texas that they’d come up with a way for consumers to monitor their electricity use in real time. But now they’re backing out of the deal with the approval of state regulators, leaving in the lurch retail power companies that are building their business model on the promise of real time pricing and denying consumers another option for managing their electricity costs.