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http://www.forbes.com/sites/williampentl...
5/03/2011 - Not-So-Smart Meters Overbilling Californians
Scores of consumers in California paid for more electricity than they actually used due to errors made by about 1,600 flawed “smart meters” installed by a major investor-owned utility. Ironically, the same “smart meters” were at least partially paid for by California rate-payers with the expectation that the meters would reduce the price paid by end-users for electric power. I suspect the affected customers do not find the irony amusing.
The utility, Pacific Gas and Electric Company, admitted yesterday that about 1,600 so-called “smart meters” had charged customers for phantom power. The meters, manufactured by Landis+Gyr, malfunctioned when they get too hot...