Smart meters a huge financial risk

A billion dollars for smart meters to save some of us a phone call when the power goes out?

A billion dollars for smart meters to save some of us a phone call when the power goes out? This justification hides the financial risk of smart meters.

B.C. Hydro’s smart meter business case estimate of cost benefit is only a 20 year guess, but is repeatedly stated by B.C. Hydro as a certainty.

They tell me I will save just by having a smart meter because the second wireless transmitter built into smart meters will allow me to monitor my electricity use and make choices in reducing consumption.

But, I can already easily tell when I’m using electricity and my energy bill motivates me to conserve, so a different meter will not improve conservation. It’s not the smart meters that saves power, its behaviour and B.C. Hydro’s business case depends largely on significant presumed behaviour change plus a huge overestimation of energy theft.

Other jurisdictions were “smart” enough to pilot smart meters which showed they did not conserve enough energy and scraped them.

Smart meters need costly maintenance and an estimated 20 year life verses regular meters, that can last beyond 40 years. So, replacing all our perfectly functional regular meters now means another billion dollar expenditure in only 20 years.

The benefits of smart meters seem to be far more for others such as Corix and Itron, than for the public that bears the costs and risk if smart meters don’t show a return on investment.

Unfortunately I lack confidence in B.C. Hydro being honest when it was recently caught by the auditor general using creative accounting methods to hide its debt and show fictitious profit rather than being forthcoming.

B.C. Hydro is our corporation and we are collectively financially responsible for it.  Demand the billions be used for actual energy savings or creation, or pay down B.C. Hydro’s huge debt. As we know action is only taken when there are enough voters that speak up.

Robert Jeske



Just Posted

No charges for three West Shore RCMP officers after woman’s jaw broken while in custody

After IIO investigation, B.C. Prosecution Service determined case did not meet its charge standard

Giants draw first blood in WHL playoff series vs. Victoria

Home ice advantage non-existent for Royals against arch-rival Vancouver

All-female taxi service eyed for the West Shore

The goal is to help women feel comfortable

Elizabeth May arrested at Kinder Morgan protest

Randall Garrison, MP for Esquimalt-Saanich-Sooke, speaks out against pipeline

New Galloping Goose overpass at McKenzie could open next week

Drivers reminded to watch the road in McKenzie construction zone

Vancouver Island’s Best Videos of the Week

A look at some of the best video stories from the past week ending March 23, 2018

Canucks sing the Blues as they fall to St. Louis 4-1

Berglund nets two, including the game-winner, to lift St. Louis over Vancouver

Calving season brings hope for Cariboo ranchers

Still a lot of work ahead to recover from the wildfires

Canada’s Kaetlyn Osmond wins figure skating world title

The 22-year-old fwon the women’s singles crown with her Black Swan routine

Vancouver Island pooches celebrate National Puppy Day

Check out some of the submissions we received from around the region

MLA Report: Lowering the voting age to 16 in BC

By Andrew Weaver On March 13, I introduced for a third time… Continue reading

Alberta tells B.C. to stop opposing pipelines if it doesn’t like gas prices

John Horgan said he would like to see the federal government step in to deal with high gas prices.

Comox Valley hospital operating above patient capacity

The new healthcare facility averaged a 110 per cent patient volume between October and February

B.C. mother hit in truck rampage dies

Family confirms mother of four Kelly Sandoval dies almost two months after being hit.

Most Read