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The Water Cooler
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A utility company locked thousands of customers out of their “smart” thermostats in Colorado
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<blockquote data-quote="dennishoddy" data-source="post: 4330325" data-attributes="member: 5412"><p>You're not saving anything because when the home warms up during the peak hours, it takes a lot of AC to bring it back down to temp vs leaving it on a set temperature setting where it cycles on and off. It saves OG&E money that doesn't have to be passed down to the consumer as they are a regulated business by the Oklahoma Corporation Commission. They are guaranteed a profit which is very small compared to what a small business has to make in order to stay in business. </p><p>The profit must go right back into the maintenance and operation of the plants by law. There is no Elon Musk rich person at the head of OG&E. </p><p>They are right, buying power off the grid on the open market is extremely expensive. OG&E sells their excess power on the open market as well if there is any. </p><p>The purpose of the smart meters was to save them money to prevent an increase in user rates per KWH.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 4330325, member: 5412"] You're not saving anything because when the home warms up during the peak hours, it takes a lot of AC to bring it back down to temp vs leaving it on a set temperature setting where it cycles on and off. It saves OG&E money that doesn't have to be passed down to the consumer as they are a regulated business by the Oklahoma Corporation Commission. They are guaranteed a profit which is very small compared to what a small business has to make in order to stay in business. The profit must go right back into the maintenance and operation of the plants by law. There is no Elon Musk rich person at the head of OG&E. They are right, buying power off the grid on the open market is extremely expensive. OG&E sells their excess power on the open market as well if there is any. The purpose of the smart meters was to save them money to prevent an increase in user rates per KWH. [/QUOTE]
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The Water Cooler
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A utility company locked thousands of customers out of their “smart” thermostats in Colorado
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