“Utilities” may not sound like a buzzword. Nonetheless, IoT is quickly making the energy sector an exciting space. From smart metering to vehicle-to-grid solutions, the utilities are primed for reinvention. Smart Meters & IoT Energy Applications IoT is ushering in a lot of exciting developments in virtual reality, artificial intelligence, and amplified industrial processes . We’re making “digital twins” of just about everything. IoT encompasses many innovations that make us feel more powerful, more effective, and in better control of our realities. You know what’s not exciting? Utilities . The word alone conjures images of bills: water bills, electric bills, gas bills. IoT can change that—or at the very least, improve it.

It can’t cover your electric bill (yet), but it can optimize it. Below are two applications of IoT in the energy sector that are set to change how we measure and save energy. IoT Energy Applications 1. Smart Meters “A smart meter is a digital meter that leverages technology to offer you a number of immediate benefits. These benefits include providing you with more detailed information about your energy use as well as improved outage restoration and customer service.” — Pepco Traditionally, an electricity meter would log the amount of electricity you use in your home, after which an employee from your electricity provider reads it and bills you accordingly. With SmartEnergy , however, there are a few differences between a traditional analog meter and a smart meter: An analog meter requires an employee to read it, while a smart meter transmits your energy consumption to the company for you to be billed Analog meters have no way of letting you know they’ve lost power should an emergency arise; smart meters, on the other hand, send a notification to the company to alert them over power outages. […]