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PSC to take public comments in Smart Grid Case Smart grid technologies are central to the implementation of what is known as dynamic pricing, which bases the cost of electricity on the time of usage and overall electric demand. Pricing can be based on predetermined schedules or can vary with demand in real time. Sessions will be held at the PSC offices, at 211 Sower Boulevard in Frankfort. The first will begin at 5pmCT/6pmCT on Tuesday, December 16, 2014. The second session will begin at 9amCT/10amET on Wednesday, December 17, 2014. By Andrew Melnykovych News from the Kentucky Public Service Commission FRANKFORT, KY (5 Dec 2014) - The Kentucky Public Service Commission (PSC) will hold two meetings in order to receive comments from the public on whether Kentucky should implement "Smart Grid" technologies - including smart meters - and electric prices that are tied to the time of usage. Both meetings will be held at the PSC offices, at 211 Sower Boulevard in Frankfort. The first will begin at 5pmCT/6pmCT on Tuesday, December 16, 2014. The second session will begin at 9amCT/10amET on Wednesday, December 17, 2014. The public meetings are being held as part of an administrative proceeding the PSC opened in October 2012. Both will begin with a brief presentation by PSC staff about the matters under consideration in the case. In an order initiating the case, the PSC said the proceeding would examine all aspects of smart grid technologies, including implementation costs, technical issues and societal impacts. Smart grid technology uses advanced information tools to improve the efficiency, reliability and safety of electric distribution and transmission networks. It includes meters and other devices that are capable of receiving and transmitting data about usage, pricing and grid status in real time. (Smart meters should not be confused with automated reading meters, which simply transmit a meter reading at a specific point in time.) Smart grid technologies are central to the implementation of what is known as "dynamic pricing," which bases the cost of electricity on the time of usage and overall electric demand. Pricing can be based on predetermined schedules or can vary with demand in real time. The proceeding also is exploring whether the use of smart grid technologies can be combined with various dynamic pricing rate structures to encourage greater energy conservation and efficiency. This story was posted on 2014-12-06 04:41:54
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