As expensive as they are, the machines make financial sense, said Karen Mills, the Cary finance director. She estimated that by eliminating 10 town meter-reading jobs, the new machines will save taxpayers up to $14 million between now and 2025.
That could mean fewer water and sewer rate hikes. The machines also will do what meter-readers cannot: Read all of the town's water meters a few times a day. Mills said the new meters will help the town better monitor water use, detect leaks, and come up with conservation methods. Homeowners may also be able to use the electronic meters while looking for leaks.
All that spells trouble for meter readers, whose profession may be destined for the employment dustbin. By 2014, the federal Bureau of Labor Statistics estimates, there will be fewer than 27,500 meter readers in America. That's a 44 percent decrease fro the roughly 49,500 meter readers in 2004.
Progress Energy alone has cut its meter-reading staff in the Carolinas from 200 to 85 over the past two years as it moved to meters that transmit signals to hand-held receivers. The new meters require fewer people to read the company's 1.2 million residential meters in the Carolinas, a change that Progress estimates will help it save $21 million a year across the company.
About the only place utility customers will not notice a change is on their bills. Progress, for instance, plans to use the savings generated by digital meters to lower its operating costs. "It's programs like mobile meter reading which keep our rates stable," said company spokeswoman Tanya Evans.