DMC 13.0% 47.0¢ design milk co limited

smart meter anything to do with intermoco

  1. 299 Posts.

    The Victorian government has mandated that all manually-read electricity meters in the state be replaced with new remotely-read interval smart meters. This world leading technology will ultimately empower you to better manage your energy needs and increase retail competition. The new smart meters will remain property of CitiPower and Powercor, as they comprise part of the distribution network that supplies your power.

    CitiPower and Powercor Australia will exchange more than 1.1 million meters during the four year smart meter roll out that is scheduled for completion at the end of 2013.

    Smart meter infrastructure provides a new way of measuring and managing electricity consumption. It involves two important elements:

    ◦a meter that remotely captures half hour electricity consumption data
    ◦a two way communication system that transmits the usage information to CitiPower and Powercor in real time and receives control instructions.
    Victoria is among the first places in the world to begin a roll out of smart meters to all electricity consumers. There is world-wide interest in smart meter technology and roll outs are being planned or getting underway in many countries including the United States, Canada, Italy, Sweden and New Zealand.

    This section contains information to help customers better understand the Victorian smart metering program, installation process and benefits of this leading technology.


    Smart meters will help customers monitor and ultimately manage their energy use and will broaden the communitys ability to respond to environmental challenges.

    ◦Smart meters will provide electricity consumption data in 30 minute intervals, and eliminate the need for manual meter reads
    ◦Smart meters will give your retailer the opportunity to offer innovative time-of-use prices
    ◦Smart meters will ultimately allow CitiPower and Powercor Australia to more accurately detect electricity supply faults and respond to them more quickly
    ◦Smart meters will facilitate the process of moving house through the remote connection and disconnection of electricity.


    The Victorian Government is working with the energy industry to ensure a reliable and sustainable energy future.

    Smart meters will ultimately help Victorians better manage their energy use and the rollout of smart meters represents the biggest investment in energy infrastructure in Victoria since the establishment of the poles and wires network.

    Electricity distribution businesses like CitiPower and Powercor own and manage the poles, wires and equipment that deliver electricity to your premises. We are responsible for installing your new smart meter.

    Your electricity retailer is the company that is responsible for billing you for your energy consumption. They send you your electricity bill and are responsible for offering tariffs.
watchlist Created with Sketch. Add DMC (ASX) to my watchlist
(20min delay)
Mkt cap ! $19.31M
Open High Low Value Volume
50.0¢ 50.0¢ 47.0¢ $31.69K 66.65K

Buyers (Bids)

No. Vol. Price($)
1 25000 45.0¢

Sellers (Offers)

Price($) Vol. No.
47.0¢ 11503 1
View Market Depth
Last trade - 10.56am 03/03/2021 (20 minute delay) ?
DMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.