Smart Meters: Stimulus-Funded Devices Benefit Green Lobby at Consumers Expense

Tampa Electric Company is in the process of installing digital AMR (Automatic Meter Reading) “smart meters” in certain areas of Tampa.  This will allow for remote meter reading instead of having to send a meter reader out to your home.  What appears to be a great advancement in electric meter technology will allow for your home to ultimately be connected to the “smart grid”.  Mission Point Capital Partners, “a private investment firm established by Mark Schwartz, former President and Chief Executive Officer of Soros Fund Management and former Chairman of Goldman Sachs (Asia); Jesse M. Fink, co-founder and former Chief Operating Officer of priceline.com; and Mark J. Cirilli, former Chief Investment Officer of Marshall Street Management”, explains “The Smart Grid is a collection of energy control and monitoring devices, software, networking and communications infrastructure that are installed in homes, businesses, and throughout the electricity distribution grid. This collective system provides a “nervous system” for the grid and for customers that provides the ability to monitor and control energy consumption comprehensively in real time. Think of it as the Internet for Energy.” For the entire article on Big Government, click here.