A successful transition to a 21st Century Electricity System requires consideration of a range of issues that will ultimately redefine the regulatory framework and utility business model while creating new opportunities for third-party providers and customers to contribute to the operation of the electricity system. In this fifth in a series published by Utility Dive based on AEE's regulatory issue briefs, AEE explores data access to enable customers to make choices about their energy use with the help of non-utility companies.
Data is the lifeblood of today’s economy, driving change and stimulating innovation in every industry from banking to healthcare. Although the electricity industry has lagged behind in taking advantage of the many benefits that a data-rich environment can provide, the growing deployment of smart meters is changing that. Smart meters — technically, advanced metering infrastructure — provide granular customer and electricity system data that support innovation and creativity that utilities and advanced energy companies can use to bring the electricity industry into the information age.