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Investment costs to purchase, install and replace meters, Recurring costs to read meters and issue bills based on consumption instead of bills based on monthly flat fees. While the cost of purchasing residential meters is low, the total life cycle costs of metering are high. For example, retrofitting flats in large buildings with meters for ...
In some cases, the landlord might add the usage cost to the regular rent or lease bill. In other cases, a third party might read, bill, and possibly even collect for the service. Some of these companies also install and maintain meters and reading systems. [citation needed]
The primary driver for the automation of meter reading is not to reduce labor costs, but to obtain data that is difficult to obtain. [citation needed] As an example, many water meters are installed in locations that require the utility to schedule an appointment with the homeowner in order to obtain access to the meter. In many areas, consumers ...
The report also showed the net cost will amount to US$1.1 billion by 2020. [16] Notably, the same report found that solar customers do pay more on their power bills than what it costs the utility to serve them (Table 5, page 10: average 103% of their cost of service across the three major utilities in 2011). [16]
Meter data management (MDM) refers to software that performs long-term data storage and management for the vast quantities of data delivered by smart metering systems. This data consists primarily of usage data and events that are imported from the head-end servers managing the data collection in advanced metering infrastructure (AMI) or ...
Qualified educators can deduct up to $250 of unreimbursed business expenses. If both spouses are eligible and file a joint return, they can deduct up to $500 — but not more than $250 each.
The term smart meter often refers to an electricity meter, but it also may mean a device measuring natural gas, water or district heating consumption. [1] [2] More generally, a smart meter is an electronic device that records information such as consumption of electric energy, voltage levels, current, and power factor.
Design-to-Cost (DTC), as part of cost management techniques, describes a systematic approach to controlling the costs of product development and manufacturing.The basic idea is that costs are designed "into the product", even from the earliest concept decisions on and are difficult to remove later.