Smart meters have been accepted with open arms by the consumers. These are electric meters that read the electricity usage in the same manner as the normal meters but have the ability of two way communication from the meter to the centralized power grid. This has the advantage to the utilities to update the tariff information remotely. Smart metering has helped in efficient management and distribution of electricity. With more and more countries adopting this technique, a lot has been done to make it more reliable and undeviating. There has been a lot of discussion on whether these meters are beneficial to the customers or not than the conventional meters. Let’s discuss the advantage of these smart meters to the consumers, utilities and the environment.

Benefits to the consumers

• The first and foremost advantage is to control the electricity bill and usage of electricity. With the help of smart meters consumers can consume energy during off peak hours when the rates are minimal; this will help in saving your money as well as energy.
• With Smart meters, consumers have the benefit of having access to up to date information about the usage of electricity in units as well as in amounts as these meters comes with an in home display. One can manage their monthly budget in a proper manner and reduce their power bills.
• Consumers get detailed information on how the power industry operates.
• With full access about the tariffs and other information, consumers can easily switch the electricity suppliers.
• This technique is an efficient mean to make the consumers aware for reducing their usage of energy and saving power.
• Accurate electricity bills are assured with Smart meters.
• Consumers are protected from the unnecessary sales techniques to sell additional products by the company salesman while installing the new meters.

These smart meters are not only beneficial to the consumers but are also a great boon to the electricity suppliers as the companies can change the tariff information remotely. Removal of manual meters helps in monitoring the system more quickly and efficiently. Smart meters allows more control on the distribution of electricity with the real time data that they provide with the help of this technique, thus enabling them to reduce power cuts or black outs. The companies also get the benefits of optimizing their income as a consumer can change the supplier without changing the meter. These smart meters are designed to suit all electricity suppliers.

Smart meters are also beneficial for the environment as a lot of energy is saved with the help of this application. With more people getting an insight in the consumption of energy, they have become more conscious in making efforts to reduce the usage of energy and less carbon emission. It reduces pollution and helps in making a better and a greener environment.

Smart meters have been therefore widely accepted by many countries and it is estimated that by 2020, it will be installed in most of the houses which in turn will help in managing the electricity and power grid more efficiently.

This post is contributed by SpireMT, a leading supplier of Electrical Energy Meters, Handheld Ultrasonic Flow Meter,, Transit-Time Flow Meter, Wireless Telemetry Systems. and many more. For more information visit at http://www.spiremt.com