I've heard from other people I know in our city they have gotten their "smart meters" already. We've had ours at the cottage for a while now and how it is going to literally hit home.
What it will mean is we will be billed for when we use hydro. The day is split into 3 regions of low, med & high usage rates.
What we are paying now will be the "low" rate and in order to continue paying it, you'll be need to stick to the time of day restrictions which on average will be between 9pm and 7am during the weekdays and it will be low on weekends and holidays.
Mid and high pricing will be almost double and over double.
We are at the cottage on weekends mostly so we will be in the low range. We've had our new meter up there for a while now and we haven't noticed a significant difference in billings.
Some of our neighbours have seen their bills double, to their dismay and others have seen it drop. I think it is just a reflection on household routines and habits.
Some of our routines at home will be changing. D and I will need to discuss laundry routines, cleaning times and when our hot water heater gets charged up.