Echelon Corporation (ELON) Message Board

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Technology Stocks : Echelon Corporation (ELON)

ELON 21.88

+10.1%

Oct 6 5:00 PM EST

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To: unclewest who wrote (1412)	3/15/2000 9:10:00 AM
From: Roger A. Babb	Read Replies (2) of 3076

"Customers deposit money onto a smart card at an authorized teller machine and then place the card into their in-home display unit. The money is then electronically transferred from the card to the smart meter over the power mains. " Let's think about this for a minute. I can see some advantages for the power company getting pre-paid, but I fail to see the consumer benefits. You come home from a weekend trip to find a huge mess in your refrigerator and wife says "Ooops, I forgot to feed the electric meter!". Maybe you can pre-buy cheap power, but fall back to a higher cost (but reliable) power if you fail to buy ahead. Does anyone have a clue as to how this is supposed to work? Sounds like neat technology, but what will drive consumers to buy it?

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