Smart Metering technologies:
- provide a genuine two-way information and communication channel between the meter and relevant parties and their systems
- allow for automated reading and data collection on consumption
- enable automated delivery, processing, management and usage of metering data
- deliver detailed consumption data, including costs and related carbon emission data which can be provided remotely (historical data) or local to customers (real-time data)
- facilitate advanced energy services improving energy efficiency and encouraging a more rational use of energy.
Smart Metering are systems consisting of different technical components. They vary in design dependent on the specific market conditions in different member states, and the differing types of utility meters in each building. The majority include the following functions
- accurate measurement of electricity, gas, water or heat usage
- a data transmission infrastructure,
- an IT environment suited to the ensuing data volumes,
- a consumer-oriented invoice system
- local display of energy usage data.
Smart Metering covers all the technologies that automate metering systems for electricity, gas, water and heat supplies. It has considerable advantages both for the overall energy consumption and the energy costs of all households and businesses as well as for the business processes of the energy industry. As an alternative to sending out meter readers once a year, smart metering systems can store the consumption data and supply, via leading edge communication technologies, into the billing and management systems of utilities or distribution service operators at any time. Once collected, this data can be used by utility companies and consumers to provide a range of other benefits.
