What is Smart meter ?

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Smart Meter

        A smart meter is an electronic device that records consumption of electric/any energy and communicates the information to the electricity supplier for monitoring and billing.

How smart meters work:

            Smart meter replace your old gas and electric meters and take automatic and accurate readings which you can see in pounds and pence on your in home display. You’ll be able to monitor your energy  use and only pay for what you use.

Applications of smart meters :

·  Services for monitoring and improving energy efficiency of end use and dispersed generation, Customer information feedback.

·       End use energy management.

·       Tariff Setting (Time of Use, Maximum Demand, Seasonal).

·       Energy Saving.

·   Demand response for electricity market and for network operation support, peak load limitation.

·       Smart homes, home automation, remote control of appliances by customer.

·       Connect, disconnect, limit load remotely.

·   Load analysis, modelling and forecasting (for energy markets, network operation and planning, energy saving etc.).

·       Settlement and billing.

·       Virtual Power Plant, embedded renewables and cogeneration.

·       Improving competition and efficiency in energy markets.

·       Fraud detection.

·       Providing information for authorities and researchers.

·       Meter management.

·       State estimation of power distribution networks.

·       Monitoring of power quality and reliability.

·       Prepayment.