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Utilities indicate on their bill whether a meter reading is actual or estimated. Readings can be estimated if the interval meter installed had difficulty transmitting the usage to the host utility, or if the meter was not read on a scheduled basis.
When looking at your utility bill, if you notice that all your demand charges are based on kW, then skip this post does not apply to you. However, if you notice that your demand charges are based on kVA or kVAR, then keep on reading! Power Factor is the difference between kW and kVA.
Distribution rates are typically updated on a quarterly to annual basis and are subject to approval from the appropriate regulatory authority. Depending on the host utility and their breakout of distribution rates, customers can be assigned to one or more rates based on their historical energy usage characteristics. These rates usually incorporate various fixed, consumption, and demand charges which allow the utility to recoup costs associated with delivering power to consumers and secure a regulated profit margin.
The Internet of Things (IoT) — a growing category in which billions of ordinary devices are integrated via the internet — offers significant opportunities for businesses to make smarter, more-informed decisions to improve their bottom lines.