Benefits of Smart Meters
Smart Meters are new versions of traditional electrical power meters which have been developed following numerous AMR & AMI developments. The smart meters are now equipped with various ICT interfaces which make them very modern and highly accurate. In addition to charging features, smart meters also can calculate many other parameters such as thermal expansion factor, fuel consumption, and energy factor to name a few. These features make smart meters highly flexible in their use. They are available for domestic and industrial applications.
Smart Meters can be network operated
The network operator can program the meter to provide specific charges for all appliances depending on the consumption level. The charges can be integrated with the appliance bills to provide an accurate indication of fuel costs. Other features include smart meter capability to indicate low energy consumption areas and the ability to interface with multiple devices including appliances, windows, and doors. The ability to interface with other appliances in the household provides additional flexibility in the provision of power.
The Smart Meters operate on a flexible architecture
The transmission of the meter data can be done either over long distances or within a small area. There is also the option of transmission over existing wires. A network operator can program the smart meter to provide certain charges depending on the peak demand in the area.
Another benefit of smart meters
is the data provided by them can be used by a variety of software programs to optimize the electricity supply for better efficiency. For instance, the program can be able to determine the maximum amount of energy needed by a household to reduce the consumption of electricity. Similarly, the program can provide estimated monthly savings based on the measured household electricity consumption patterns.
One important benefit of smart meters
is their use of information provided by the appliances. The information provided by these appliances can help in determining the average power requirements of different appliances within a household. This in turn can help in optimizing the use of electricity by the household. In addition, the advanced metering infrastructure allows the appliances to be easily integrated with existing power utilities. The new infrastructure has the ability to communicate directly with the utilities for future optimal gridlock avoidance.
One of the most critical benefits of smart meters
is that they play a vital role in reducing the carbon footprint of the family as they can inform the utility companies about household energy usage patterns. This in turn helps in reducing carbon emissions from the house. This also reduces household power bills. Advanced metering infrastructure provides valuable information for energy conservation and cost reduction and can therefore be termed as a ‘game changer’ in the energy management industry.