Comment: There is also the not so small question of privacy concerns

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There is also the not so small question of privacy concerns

about the data the new meter can collect and transmit.

A German group offered proof of concept to their utility company that with 2 second burst intervals of data reporting, simply of how much power is being used, they could determine which devices in the home were likely turned on and even what television program you were watching.

NO ONE needs to know this information - for ANY reason.

I don't have a link handy, but I recall I found it here on DP. A simple search will likely turn it up if you really are interested.