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The Benefits of a Grid Wide
Smart Metering Deployment

Welcome to the Utility Smart Meter Calculator, where we calculate how much a full or partial smart meter deployment and Verizon Grid Modernization solutions can benefit you and your customers.

Verizon Grid Wide Utility Solutions

See how your utility can benefit with Verizon Grid Wide Utility Solutions to modernize your grid.

Your benefits total an estimated ${{calcTotalGrossSavings() * 12 | number:0}} annually with a
smart meter rollout and Verizon Grid Modernization solutions.

Meter Reads

Enter your monthly manual or AMR meter reads (traditional + pickup).

×
0% 100%

Select what % of those reads
you’ll convert to smart meters.

Fewer manual reads
per month

{{calcReductionMeterReads() | number:0}}

Service Requests*

Enter your monthly manual service requests (new manual + service establishment + disconnect).

×

Enter your # of credit disconnect requests.

0% 100%

Select reduction in credit disconnect requests after adopting smart meters.

0% 100%

Select reduction in service requests (new manual + service establishment + disconnect) after adopting smart meters.

Fewer requests per month

{{calcReductionManualNewServiceReqs() | number:0}}
*Default value = 15% of monthly manual or AMR meter reads.

Billing Errors*

Enter your monthly billing errors.

×
0% 100%

Select estimated reduction in billing errors after adopting smart meters.

Fewer errors per month

{{calcReductionBillingErrors() | number:0}}
*Default value = 10% of monthly manual or AMR meter reads.

Customer Calls*

Enter your monthly customer calls.

×

Enter your average minutes in call handle time.

0% 100%

Select estimated reduction in customer calls after adopting smart meters.

0% 100%

Select estimated reduction in call handle time after adopting smart meters.

Fewer calls per month

{{calcReductionCustomerCalls() | number:0}}
*Default value = 10% of monthly manual or AMR meter reads.

Service Interruptions

Enter your number of monthly minutes of interruption per meter.

×
$0 $150

Select your average monthly revenue per meter.

0% 100%

Select estimated reduction in minutes of interruption after adopting smart meters.

0% 100%

Select estimated reduction of lost revenue from inaccurate meter reads after adopting smart meters.

Fewer minutes of
interruption per month

{{calcReductionMinutesOfInterruption() | number:0}}

Fewer manual reads
per month

Fewer requests per month

Fewer errors per month

Fewer calls per month

Fewer minutes of
interruption per month

{{calcReductionMeterReads() | number:0}}
{{calcReductionManualNewServiceReqs() | number:0}}
{{calcReductionBillingErrors() | number:0}}
{{calcReductionCustomerCalls() | number:0}}
{{calcReductionMinutesOfInterruption() | number:0}}

Go Further—Calculate More Benefits

Explore even more ways you can benefit by deploying smart meters in your service area.

For accurate results,
enter some additional data.

Your number of
fleet vehicles

Your number of
workers for meter reads

See how much you can save in operational costs.1, 2

Operational Improvements Operational Improvements
{{calcOperationalImprovements1() | number:0}}
More hours for employee retraining
and redeployment per year
{{calcOperationalImprovements2() | number:0}}
Fewer vehicle miles per year
${{calcOperationalImprovements3() | number:0}}
Dollars saved in
uniform costs per year
  1. Illustration is not a literal representation of numeric breakdown.
  2. Benefits and savings shown above are estimates only and do not represent a guarantee of actual benefits or savings. This Utility Smart Meter Calculator does not include pricing for Verizon Grid Modernization solutions. Your actual benefits may vary. See your Verizon account manager for details.

See how you can put the money you saved back into your business. 1, 2

Capital Investments Capital Investments
{{calcCapitalInvestments1() | number:0}}
Substations improved with
automation equipment
{{calcCapitalInvestments2() | number:0}}
New Transformers
{{calcCapitalInvestments3() | number:0}}
Mobile devices
  1. Illustration is not a literal representation of numeric breakdown.
  2. Benefits and savings shown above are estimates only and do not represent a guarantee of actual benefits or savings. This Utility Smart Meter Calculator does not include pricing for Verizon Grid Modernization solutions. Your actual benefits may vary. See your Verizon account manager for details.

See the positive effect Smart Meter deployments can have on the environment.1, 2

Environmental Environmental
{{calcEnvironmental1() | number:0}}
Vehicles off the road per year
{{calcEnvironmental2() | number:0}}
Gallons of gas saved per year
{{calcEnvironmental3() | number:0}}
Metric tons of greenhouse gas
emissions reduced per year
  1. Illustration is not a literal representation of numeric breakdown.
  2. Benefits and savings shown above are estimates only and do not represent a guarantee of actual benefits or savings. This Utility Smart Meter Calculator does not include pricing for Verizon Grid Modernization solutions. Your actual benefits may vary. See your Verizon account manager for details.
Hello,

By using the Business Benefits Calculator from Verizon, I just found out how much my utility could benefit from using Smart Metering and Grid Modernization solutions from Verizon. I’ve selected to share my results with you.

To take a look at the calculated benefits for COMPANY and use it for yourself,
click here: URL

To talk to a representative about these results,
click here: http://verizonwireless.com/contactrep

Thank you.

Revised BBC Model Spreadsheet

Reduction in Meter Reads from Smart Grid Connect


Total Number of new manual service establishment & service disconnect requests per month ({{values.pctReductionReads * 100 | number:0}}%)

Calculation of reduction in traditional meter reads
{{calcReductionMeterReads() | number:0}}
Calculation of reduction meter read costs
${{calcReductionMeterCosts() | number:0}}

Reduction in Manual Service Requests from Smart Grid Connect

Total Number of new manual service establishment & service disconnect requests per month
Average cost per new service establishment request
Number of credit disconnect requests per month
Average cost per service disconnect request

Estimated percent reduction new service establishment requests ({{values.pctReductionNewServiceReqs * 100 | number:0}}%)
Estimated percent reduction in credit disconnect requests ({{values.pctReductionCreditDisconnectReqs * 100 | number:0}}%)

Calculation of reduction in manual new service establishment requests
{{calcReductionManualNewServiceReqs() | number:0}}
Calculation of reduction in disconnect requests
{{calcReductionDisconnectReqs() | number:0}}
Calculation of reduction in service request costs
${{calcReductionServiceCosts() | number:0}}

Reduction in Billing Error Costs from Smart Grid Connect

Number of manual meter reads per month
Average cost per traditional meter read

Number of pickup meter reads per month ({{values.pctReductionBillingErrors * 100 | number:0}}%)

Calculation of reduction in traditional meter reads
{{calcReductionBillingErrors() | number:0}}
Calculation of reduction meter read costs
${{calcReductionBillingErrorCost() | number:0}}

Reduction in Customer Call Costs from Smart Grid Connect

Number of customer calls per month
Average handle time per service call (seconds)
Average cost per customer service call
Estimated percent reduction in customer calls ({{values.pctReductionCustomerCalls * 100| number:0}}%)
Estimated percent reduction call handle time ({{values.pctReductionCustomerCallTime * 100| number:0}}%)

Calculation of reduction in customer calls
{{calcReductionCustomerCalls() | number:0}}
Calculation of reduction in call handle time
{{calcReductionCustomerCallTime() | number:0}}
Calculation of reduction in customer call costs
${{calcReductionCustomerCallCosts() | number:0}}

Reduction in Service Interruption Time from Smart Grid Connect

Number of monthly minutes of interruption per meter
Average cost per distribution crew per hour
Monthly average revenue per meter
Lost percentage of monthly revenue from inaccurate meter reads
Estimated percent reduction of minutes of interruption ({{values.pctReductionMinutesOfInterruption * 100 | number:0}}%)
Estimated percent reduction of lost revenue from inaccurate meter reads ({{values.pctReductionLostRevenueFromInaccurateReads * 100 | number:0}}%)

Calculation of reduction in minutes of interruption
{{calcReductionMinutesOfInterruption() | number:0}}
Calculation of reduction in lost revenue from inaccurate meter reads
{{calcReductionLostRevenueFromInaccurateReads() | currency}}
Calculation of reduction service interruption time
${{calcReductionServiceInterruptionTime() | number:0}}

Return on Investment

 
Monthly
Annual
Value from reduction of meter reads
${{calcReductionMeterCosts() | number:0}}
${{calcReductionMeterCosts() * 12 | number:0}}
Value from reduction of service requests
${{calcReductionServiceCosts() | number:0}}
${{calcReductionServiceCosts() * 12 | number:0}}
Value from reduction of billing error costs
${{calcReductionBillingErrorCost() | number:0}}
${{calcReductionBillingErrorCost() * 12 | number:0}}
Value from reduction of customer care costs
${{calcReductionCustomerCallCosts() | number:0}}
${{calcReductionCustomerCallCosts() * 12 | number:0}}
Value from reduction of service interruption time
${{calcReductionServiceInterruptionTime() | number:0}}
${{calcReductionServiceInterruptionTime() * 12 | number:0}}

Total Gross Savings
${{calcTotalGrossSavings() | number:0}}
${{calcTotalAnnualGrossSavings() | number:0}}
 

Actionable Benefits

Your number of fleet vehicles
Your number of workers for meter reads
Operational Information
 
{{calcOperationalImprovements1() | number:0}}
{{calcOperationalImprovements2() | number:0}}
${{calcOperationalImprovements3() | number:0}}
Capital
 
{{calcCapitalInvestments1() | number:0}}
{{calcCapitalInvestments2() | number:0}}
{{calcCapitalInvestments3() | number:0}}
Environmental
 
{{calcEnvironmental1() | number:0}}
{{calcEnvironmental2() | number:2}}
{{calcEnvironmental3() | number:2}}