Smart Meters.. Cost, efficiency and health | Ottawa County Patriots:
"Each meter, or portion of the smart energy program, equates to a capital expenditure of $417 per household assuming the MPSC allows CE to recoup the full $750M.
Additionally, utility capital expenditures are allowed a 10% rate of return thru the MPSC. This equates to another $42 per household or another $75M incurred for sheer smart meter profit, over a 7 yr period.
All this to replace meters that still have a useful life. Mr. McKee concurred."
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