NYSEG plans to install 'smart' meters in area homes, firms
NYSEG said the program to upgrade its 1.1 million meters would use two-way communications, possibly by radio or a broadband connection over power lines, to read the meters.
National Grid upgraded most of its meters in the Buffalo Niagara region several years ago.
The upgraded meters also could be a tool to help consumers conserve energy if customers used time-based rates that charge higher prices when the demand for electricity is highest and lower prices when demand is low, such as during the early morning hours.
NYSEG, in a filing with the state Public Service Commission, has proposed paying for the $243 million meter upgrade program through a surcharge on customer bills.
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Bitcoin mining uses so much electricity that 1 city could curtail facility's power during heat waves
MEDICINE HAT - On the day of the grand opening of the largest bitcoin mining project in the country, the weather was partly cloudy and 15 C. On a Friday afternoon like this one, the new facility uses as much electricity as all of Medicine Hat, Alta., a city of more than 60,000 people and home to several large industrial plants.
The vast amount of electricity needed for bitcoin mining is why the city of Medicine Hat has championed the economic benefits of the project, while environmentalists say they are wary of the significant energy use.
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