The Smart meter technology is designed to show the exact use of energy; allowing them to curb its use, save money, and cut carbon emissions. These meters provide a wide range of advanced features. Such features include the ability to detect service outage, unauthorized use of electricity and change the maximum amount of electricity that a customer can demand. Further, they help in remotely changing the meter’s billing plan from credit to pre-paid, as well as from flat-rate to multi-tariff.
via OfficialWire: Smart Energy Meters Market In Europe 2009-2013 – New Market Report Published.
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