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North American domestic analog (Ferraris disk) electricity meter. Electricity meter with transparent plastic case (Israel) An electricity meter, electric meter, electrical meter, energy meter, or kilowatt-hour meter is a device that measures the amount of electric energy consumed by a residence, a business, or an electrically powered device over a time interval.
Three-phase transformer with four-wire output for 208Y/120 volt service: one wire for neutral, others for A, B and C phases. Three-phase electric power (abbreviated 3ϕ [1]) is a common type of alternating current (AC) used in electricity generation, transmission, and distribution. [2]
According to the U.S. Energy Information Administration (EIA), "Electricity prices generally reflect the cost to build, finance, maintain, and operate power plants and the electricity grid." Where pricing forecasting is the method by which a generator, a utility company, or a large industrial consumer can predict the wholesale prices of ...
One voltage cycle of a three-phase system. A polyphase system (the term coined by Silvanus Thompson) is a means of distributing alternating-current (AC) electrical power that utilizes more than one AC phase, which refers to the phase offset value (in degrees) between AC in multiple conducting wires; phases may also refer to the corresponding terminals and conductors, as in color codes.
Using a PMU, it is simple to detect abnormal waveform shapes. A waveform shape described mathematically is called a phasor.. A phasor measurement unit (PMU) is a device used to estimate the magnitude and phase angle of an electrical phasor quantity (such as voltage or current) in the electricity grid using a common time source for synchronization.
In market rate net metering systems the user's energy use is priced dynamically according to some function of wholesale electric prices. The users' meters are programmed remotely to calculate the value and are read remotely. Net metering applies such variable pricing to excess power produced by a qualifying system.