Artificial intelligence predicts high electricity bills before they arrive

Technology
Artificial intelligence predicts high electricity bills before they arrive

By analyzing two years of historical data, a new system identifies households likely to see a sudden 50 percent spike in power costs.

Predicting a household's monthly energy costs usually requires waiting for the meter reading, but a new system uses historical patterns to forecast expenses mid-cycle. By training on two years of a customer's power usage data, the technology can estimate the final monthly bill just ten days after a billing cycle begins.

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