Reply to post: Re: How can IoT stuff help me?

Warning to those who covet the data of Internet of Precious Things

Graham 24

Re: How can IoT stuff help me?

>>> Apart from the 'convenience' of remotely read gas/electricity/water meters (no need to be there to let a meter reader in once a year)

It's not about convenience for you. If the only reason was to make life easier for the householder, the utility companies wouldn't be suggesting smart meters for new builds, which usually have the meters in an external box, so can be read without requiring access to the inside of the property.

It's about:

a) reducing their costs, while not passing those savings onto the consumer

b) implementing demand- and time-based pricing, to further increase their profits and to help load-level the demand.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon