Samsung, EIT to develop Internet-based energy management system

Energy users will be able to access their account data on the web to view energy consumption, manage their bills, and use energy more economically by taking advantage of daily and seasonal variations in energy costs. The online, up-to-date information will help customers adjust their usage to off-peak times when costs are lower and avoid higher charges during peak periods.

WASHINGTON, D.C., Sept. 19, 2000–The “prolonged and muddled transition” from regulation to market of the North American electric power industry, including recent highly publicized brownouts and extremely volatile prices, raises public concerns about the industry’s ability to deliver reliable service at affordable costs, according to a new report on power industry trends.

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