Americans to spend $15K per home, business replacing ‘perfectly good’ electricity meters

Texas Instruments smart-meter marketing director Mark Buccini told SmartGridToday that,

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Legislation is driving replacement [of electricity meters]. Perfectly good mechanical meters are being replaced [with smart meters]… In the past, a mechanical meter wasn’t replaced until it wore out. That changes the opportunity for us…

Buccini estimated that 500 million meters will be replaced in the next decade at a cost of $750 million per year — that’s $15,000 per meter change. That’s just the beginning. Buccini said that “adjacent markets” — i.e., in-home displays, programmable thermostats, direct response (DR) units, distributed generation and plug-in vehicle technology] almost doubles the market to $1.4 billion per year. Smart meters and adjacent technology are little more than a way for the government to monitor your electricity use and then to ration electricity to you via your local utility. It is an expensive and needless insult to Americans.