A smart meter is an electronic device that monitors the consumption of electricity, gas, and water with high accuracy
A smart meter is a
device that tracks the use of electrical, gas, and water energy. The smart meter
communicates with the supplier to transmit data for monitoring and billing.
Smart meters typically record energy hourly or more frequently and report at
least once per day. It has a display screen that shows real-time energy
consumption as well as estimated bills. A smart meter is an advanced version of
a traditional metering system that uses mobile technology to automatically send
readings.
It is one of many
components of the smart grid that manages energy distribution and consumption
via the Internet to enable bidirectional communication, coordination, and
control. Smart meters can connect to one of two types of networks: standard
mobile phone networks and mesh networks. Smart meters are used in building
automation systems to regulate heating, ventilation, and air conditioning based
on energy consumption.
The
global smart meter is expected to grow due to the rising demand for
accurate billing and increased efforts toward energy conservation. A smart meter
digitally transmits readings to the energy supplier, resulting in more accurate
energy bills. It enables consumers to take control of their energy consumption,
allowing them to save energy for other uses such as industries and medical equipment.
As consumers reduce
their electric demand, smart meters help the environment by reducing the need
to build power plants or avoiding the use of older, less efficient power
plants. The advantages of having a smart meter are that when suppliers have a
better understanding of usage patterns, more innovations in the types of
tariffs energy suppliers offer can be made.
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