Question

What are the advantages and disadvantages of having a billed meter?

Answer 1

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Answer 2

Smart 'electric meters are electronic devices that track and record customers' home electricity use. Electric utilities have been replacing old, analog meters that are read manually once a month with new, digital smart meters that automatically capture information about electricity consumption and transmit it back to electric companies.

Smart meters can provide quick, accurate measurements of electricity use without the need for estimated monthly bills or visits from meter readers.

On the other hand, there are some concerns that smart meters can and do collect unnecessary information about hourly electricity use, thus violating users' privacy.

Smart meters offer the following benefits and challenges to electric utilities, customers, and the environment:

Advantages of Smart Meters

Smart meters can benefit the electric company by...

Eliminating manual meter reading
Monitoring the electric system more quickly
Making it possible to use power resources more efficiently
Providing real-time data useful for balancing electric loads and reducing power outages (blackouts)
Enabling dynamic pricing (raising or lowering the cost of electricity based on demand)
Avoiding the capital expense of building new power plants
Helping to optimize income with existing resources
After the electric company has fully installed its advanced metering infrastructure, smart meters can benefit the electricity customer by...

Offering more detailed feedback on energy use
Enabling them to adjust their habits to lower electric bills
Reducing blackouts and system-wide electric failures
Smart meters can ultimately benefit the environment by...

Preventing the need for new power plants that would produce pollution
Curbing greenhouse gas emissions from existing power plants
Reducing pollution from vehicles driven by meter readers
Disadvantages of Smart Meters

All technology has its advantages and drawbacks; while smart meters have their benefits, they also present challenges to electric utilities and customers. The vast majority of these drawbacks, however, are short term. Once the system has been set up and training is complete, smart meters can be very helpful to both electricity providers and consumers.

Smart meters present these challenges and costs to the electric company...

Transitioning to new technology and processes
Managing public reaction and customer acceptance of the new meters
Making a long-term financial commitment to the new metering technology and related software
Managing and storing vast quantities of metering data
Ensuring the security of metering data
Smart meters pose these challenges to consumers...

Verifying that the new meter is accurate
Protecting the privacy of their personal data
Paying additional fees for the new meter