human
What is a'smart grid' and how will it affect my electric bill?
assistant
A smart grid is an electrical power system that uses information technology to improve the efficiency, reliability, and sustainability of electricity delivery. Smart grids use advanced communication technologies such as wireless sensors, data analytics, and software algorithms to monitor and control the flow of electricity in real time. This helps ensure that the right amount of energy is delivered when needed, while reducing wasted energy. As a result, smart grids can lead to significant savings on energy costs for consumers.