'Smart Meters' Could Cost Denver Millions In Revenue From Parking Tickets

'Smart meters' Could Cost Denver Millions In Revenue From Parking Tickets

Since the city public works department began installing new solar-powered parking meters that accept credit cards and not just coins - no more will drivers be caught without spare change - the number of parking tickets has plummeted. That's good news for drivers, but it leaves City Hall short on a lucrative source of revenue. The 4,000 new "smart meters" are cutting into city revenue by a much greater margin than anticipated, though of course frustrated downtown motorists aren't shedding a tear.

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