Dive Summary:

• The National Institute for Science, Law & Public Policy in Washington, D.C. has released their "Getting Smarter About the Smart Grid" report, which states that billions of dollars have been misspent on meter technology that won't lead to energy sustainability or contribute to the possibility of a more efficient and responsive electricity grid.
• The report also says that Congress, state, and local governments, as well as ratepayers have been misled about the energy and cost-saving benefits of smart meters, which are mostly paid for with tax- and ratepayer dollars.
• According to the report, the nationwide rebellion against smart meters - seen currently in 18 states and the District of Columbia - is just the beginning and underscores a dysfunctional energy economy.

From the article:

The report is written by Timothy Schoechle, PhD, a consultant in computer engineering and standardization, high-tech entrepreneur and former faculty member of the University of Colorado, College of Engineering and Applied Science.

The report states that Congress, state and local governments, as well as ratepayers, have been misled about the potential energy and cost saving benefits of the new “smart” meters, paid for in large part with taxpayer dollars, as well as ratepayer dollars. It adds that the smart meters are confused with the much broader concept of the smart grid, and that the undue emphasis on meters diverts resources badly needed for key elements of a true smart grid technology. ...