There's quite a bit of sales that Artificial Intelligence will be your best friend but here's an extremely low level of Artificial Intelligence which didn't yield much of anything.
Canadian researchers compared data for nine months before and nine months after time-of-use rates were introduced in November 2011 by an unidentified distribution company with more than 20,000 household customers in Ontario. Using advanced statistical tools to factor out the impact of weather differences, their analysis showed residential demand for electricity dropped just 2.6 percent during on-peak periods and 2.4 percent during mid-peak periods following the change.
Science Daily: Study shows big smart meter investment yielded 'very small' electricity savings
When there's a 2.6% change on Wall Street, it will be announced as a Galactic Disaster but in almost any other context it doesn't mean anything. It doesn't mean anything on Wall Street either but it's useful for marketing.
Let's have a bit more of the science.
Using advanced statistical tools to factor out the impact of weather differences, their analysis showed residential demand for electricity dropped just 2.6 per cent during on-peak periods and 2.4 per cent during mid-peak periods following the change.
"There is a gain, but the gain is very small," said Lukasz Golab, a management sciences professor and Canada Research Chair at Waterloo.
- SD
If I'm observing that as the CEO, I'm getting pissed because I listened to my Tech Manager and she swore this would be a wise spend for a cost-cutting, go forward move.
So we estimate a grand for each smart metering device for a hardware cost of $200K plus we will need another $200K for the workers to go to each home to install them. I'm down almost half a megabuck on this spend so I'm furious.
CEO: Memo to Security: I want the Tech Manager in the parking lot with a pink slip in thirty minutes or less.
Is this about gender?
CEO: this is about money and if you cost me then I leave you bleeding in the parking lot while I get on with my busy day. Savvy?
That's kind of savage, boss.
CEO: welcome to corporate
Canadian researchers compared data for nine months before and nine months after time-of-use rates were introduced in November 2011 by an unidentified distribution company with more than 20,000 household customers in Ontario. Using advanced statistical tools to factor out the impact of weather differences, their analysis showed residential demand for electricity dropped just 2.6 percent during on-peak periods and 2.4 percent during mid-peak periods following the change.
Science Daily: Study shows big smart meter investment yielded 'very small' electricity savings
When there's a 2.6% change on Wall Street, it will be announced as a Galactic Disaster but in almost any other context it doesn't mean anything. It doesn't mean anything on Wall Street either but it's useful for marketing.
Let's have a bit more of the science.
Using advanced statistical tools to factor out the impact of weather differences, their analysis showed residential demand for electricity dropped just 2.6 per cent during on-peak periods and 2.4 per cent during mid-peak periods following the change.
"There is a gain, but the gain is very small," said Lukasz Golab, a management sciences professor and Canada Research Chair at Waterloo.
- SD
If I'm observing that as the CEO, I'm getting pissed because I listened to my Tech Manager and she swore this would be a wise spend for a cost-cutting, go forward move.
So we estimate a grand for each smart metering device for a hardware cost of $200K plus we will need another $200K for the workers to go to each home to install them. I'm down almost half a megabuck on this spend so I'm furious.
CEO: Memo to Security: I want the Tech Manager in the parking lot with a pink slip in thirty minutes or less.
Is this about gender?
CEO: this is about money and if you cost me then I leave you bleeding in the parking lot while I get on with my busy day. Savvy?
That's kind of savage, boss.
CEO: welcome to corporate
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