dantheperson:
Yeah, that's real missed opportunity. Some jurisdictions did standardise a communication standard, so you can buy home energy monitors and the like that talk to the smart meter to get realtime data. The greens were pushing for that here when the smart meters were about to rollout, but of course our solution was that 'the market' was best placed to make any decisions about that.
Yes, our power system is yet another market failure.I threw some old paper work out the other day including power invoices from pre millenium: 12 cent peak and 4 cent off peak ! And no power cuts !
The ghosts of 1984 cast a long shadow - without proper regulation markets deliver poor outcomes as we repeatedly see here in NZ (think power, food, banks, transport etc), failing to deliver innovation or low prices.
Unfortunately I've had to pay to get my own metering gear installed, which is undoubtedly not as accurate as the certified meter which is used to bill me. However I really like having access to the realtime data, which I'm now starting to use to move some loads to better parts of the tariff for my plan. I've discovered OpenHAB, which has some very cool integrations.
If you are interested in the meters then head over to iammeter.com
The other gear I'm looking at is Velbus for automation. Interestingly in Belgium where they are based, the tariff you pay within a month is based on the maximum power drawn in that month (to a 15 minute window). I can see why the grid operators want this to smooth out demand, but without decent automation this would be crippling for most consumers.
(Edited to add notes re market failures.)