Monday, September 20, 2010

How smart are Smart Meters?

You may have heard that many entergy companies across the nation are beginning to implement "smart meters". These smart meters monitor the electricity consumption of your home, and transmit the results wirelessly back to your power provider.  In theory, they are also supposed to provide the consumer with accurate readings, and help the average home owner to monitor their power consumption. The ease of self monitoring would help consumers reduce their energy consumption, and make them more aware of peak time energy use.
Unfortunately, there are some kinks that need to be worked out. Many people who are currently using the smart meters are complaining that readings are inaccurate. Furthermore, the fact that the customer does not always have the option to retain their original power meter irks others. There is also skepticism that the benefits of these meters do not justify the costs.( link )
I can definitely see where the motive is behind these smart meters. If the kinks are worked out they could reduce cost and energy consumption, as well as help power companies avoid potential black outs. But, until the technical glitches can be worked out, it is unfair to press the unproven meters on customers. At the very least, customers should be given the option to reject the new smart meter.
To conclude my thought, this technology should not be forced on the public until it can be guaranteed that the new systems work properly, and it has been proven without a doubt that the expenditure is financially justified.

Sunday, September 19, 2010

Newest iPod

Apple has just released the newest version of their hugely successfully iPod line of products.
The most notable of the newly revamped models is the redesigned iPod Nano. Apple chose to make the Nano even smaller than its predecessor; the new product is roughly the size of a book of matches ( link ). Additionally, the Nano is now a touch screen device, that works in a similar manner to the iPhone.
To the surprise of many people, Apple chose to reduce the capabilities with their undated Nano. While last year's model was able to play videos, the current version does not. Apple made this decision after doing market research and deciding that the small screen was not viewer friendly.
Ultimately, I would be shocked if the updated products receive anything other than excellent reviews. Apple continues to improve their existing products and develop innovative improvements. Bottom line: don't expect to stop seeing iPods anytime soon...Apple is here to stay.

Wednesday, September 8, 2010

Poor ole Larry Ellison

Oracle CEO Larry Ellison is taking a big pay cut.


According to reports issued by the SEC, Ellison is taking a substantial 17.1% pay cut from last year. This is surprising to some considering the company’s revenue increased by over 5 billion from its mark last year. So if Oracle is making more money, why is their CEO taking a big salary cut? That just doesn't seem fair...
Oracle CEO
Well don't feel too bad for ole Larry, he will still be pulling in a whopping 70.1 million in compensation. Not too shabby!

I am happy for Mr. Ellison; he is one of a select few CEO's that has managed to lead his company to success in such tough economic times. He deserves every penny of his pay, and anyone who says otherwise is either misinformed or simply jealous and bitter.

If Larry Ellison’s big pay day bothers you, go get a degree work for 30 years and become CEO of an enormous successful company. Then do a great job of running that company. That will show Larry whose boss.