Smart meter deployments in the United States have surged to half of the total population, according to the U.S. Energy Information Administration.
The fleet has more than doubled since 2010.
Smart meters allow for two-way communications between a utility and its customers, enabling many potential innovations such as time-of-day rates to discourage consumption during peak hours. Regulators must embrace new regulatory philosophies to enable such programs, moving away from an era when utilities profited from ever increasing sales of electricity.
"By the end of 2016, U.S. electric utilities had installed about 71 million advanced metering infrastructure smart meters, covering 47 percent of the 150 million electricity customers in the United States," EIA said.
"Residential smart meter penetration rates vary widely by state. Washington, D.C., has the highest AMI penetration rate at 97 percent, followed by Nevada at 96 percent. Six other states had a residential AMI penetration rate higher than 80 percent in 2016: Maine, Georgia, Michigan, Oklahoma, California, and Vermont. In 2016, Texas added the most residential AMI meters of any state, installing smart meters on more than 200,000 customer accounts."