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Smart meters and dynamic pricing can help consumers use electricity when it's less costly, saving money and reducing pollution

By Matthew E. Kahn, Provost Professor of Economics and Spatial Sciences, USC Dornsife College of Letters, Arts and Sciences
Bhaskar Krishnamachari, Professor of Electrical Engineering, University of Southern California

Most households pay a flat rate 24/7 for electricity although the cost of generating it fluctuates through the day. Wireless technologies are changing that system.

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