Fujitsu Sells Smart Meters To U.S. Utility

A utility in New Mexico will begin installing Fujitsu smart meters in customer's homes starting in March. What's pretty interesting is that:

"Fujitsu will also build a computer system to maintain electricity consumption data for each household, using cloud computing."

It appears that Fujitsu's "proprietary wireless technology, will deliver the electricity consumption data from each household to the utility. I wonder if this wireless pipeline runs along the grid or some other way. Whatever the case, this is good news, because the utility will receive almost instantaneous feedback on their customers and will then be able to provide better service to those customers, whether it be in response times to outages or providing techniques for conserving energy.