Smart grids benefits11/28/2023 ![]() It can be implemented easily and effectively through smart IoT system. The utility also has the option of charging more for peak hours and less for the rest of the day. The smart system also helps in stopping electricity theft as it reports anomalies of all kinds.īesides, a smart grid helps the power utility to charge the consumers as per consumption. With smart grid, faults are detected in near real-time making the rectification process a lot faster. Consumers had to face downtime for hours together as fault was detected and rectified. Since smart grids are based on IoT, they provide near real-time data to its stakeholders.Įarlier, it was a real tough job for a power utility to detect faults in the electric supply. This has helped many zones to learn and assess their performance with reference to other zones. Smart grids have made it possible for DISCOMs to connect internally and share data with each other.
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