In FairGrid networks, an intelligent electricity meter with high functionality is used instead of the household electricity meter. FairGrid integrates various successful and effective techniques and procedures into one device:
- Consumer shutdown by frequency is performed in special applications in European power grids
- Electricity meter with PV input has every house with a PV system in Europe
- Countries that allow net metering show a rapid growth of solar capacity
- Progressive tariffs for social compensation or promoting PV growth already exist in some countries
- Consumption display on smart phones are slowly coming to private homes
- Payment via smart phones brings transparency to payment transactions in some countries like Sweden and Kenya.
FairGrid is a combination of Demand Side Management with autonomous control in one device, the FairBox.