Forget the Salvation bell ringers or other charities trying to collect for those in need, there is a more severe group that needs your money.
Delmarva Power is pitching their plea to the Public Service Commission seeking an estimated $39 million to cover the move to the new smart meter, spread out over 15 years. Really?
The smart meter was supposed to save consumers and Delmarva money and headaches. Delmarva eliminating reader meter positions; allows the utility to check remotely if a home or business is receiving power which means earlier notice of outages.
The installation cost $72 million, much of it offset by savings, but almost $32 million of recovering their cost after unsuccessfully trying to sell the old meters, having to settle for a buck a meter.
What irks me is Delmarva never emphasized to the public that it would seek repayment for the old meters. Delmarva says they told the commission.
Further Delaware Electric Co-Op installed the smart meters without charging its members anything. The operational savings from the new meters offset the entire cost of installin them, that utility reports.
Shows me Delmarva doesn’t know how to run a business.
Delmarva reports in the filing it would only seek recovery from customers after they would help ratepayers save money on the supply side of their bills.
I’ve never seen anything the utility companies did to save me money do nothing but cost me more. Bah, Humbug!