Utilities to request rate hike, install smart meters
Smart meter concerns
The commission said smart meters elicited more public comments than any other issue, with people raising concerns that the devices “transmit dangerous levels of radiation and represent a potential invasion of privacy by utilities.”
Over the life of the smart meters, customers “will see a benefit of nearly $1 billion,” the utilities promised.
However, those savings will be far less than the proposed rate hike will add to consumers’ bills: The utilities have 1.3 million customers, meaning each consumer would, over the lifespan of the smart meter, which LG&E said is 20 years, save an average $769 — or $3.20 per month.