Smart Metering is still at the nascent stage in India, where it is being tested and implemented by only a few utilities equipped with the money and technology to do so. However, it provides a sea of possibilities in streamlining and advancing our home energy infrastructure.
It has potential to impact entire electricity system
Smart metering is still in an early stage, as there is no mass scale implementation done of any smart metering program. They need to start rolling it out for select customers, wherein a utility can get the return on investment (ROI) of smart metering.
A smart meter is an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. Smart meters enable two-way communication between the meter and the central system.
Smartening our Grids
Smart Grid is an evolving set of various information and communication technologies working together to improve the present grid. Its application depends on the location and requirements.
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