Digital technology revolutionized electricity metering about 15 years ago. Connected meters eliminated manual meter readings, marking the inception of what we know as smart meters. What makes these energy meters smart?
Internet of Things (IoT) smart meter purposes extend beyond billing. These devices are considered smart because they measure multiple parameters in near real time at the point of consumption. Utility providers can optimize energy distribution by balancing supply and demand while empowering consumers to make smarter usage decisions.