Market watcher Parks Associates estimates four million smart meters have been deployed in the U.S. to date, though many have not been enabled for two-way communications. An estimated 50 million could be installed in five years, the group said.

"Its been going faster than anticipated in part as a result of government stimulus funds," said Bill Ablondi, a Parks researcher.

From the article, "DoE puts out call for $3.9B in smart grid projects" by Rick Merritt

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