You can reduce your electricity use when prices are high and opt to start that load of clothes or dishes right before you go to bed, a time when power prices are generally lower. This practice can help you cut your electricity use during peak periods and reduce your bill.
Smart meters also give you the power to adjust your energy use when you are away from home through your personal digital device or the web. You can even turn off lights or adjust your thermostat remotely.
Several Virginia utilities currently are testing smart meters to evaluate the benefits of the technology and the impact on reducing energy use.