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Other Stakeholder Benefits

For Utilities

Smart Metering allows to

  • gain first-class data
  • influence the energy consumption of their users
  • improve profitability of the technology once Smart Metering is also used for gas, water and heat readings.


In addition, utility companies will benefit from the following advantages:

  • a reduction in ‘costs to serve’
  • open gateways for the delivery of energy services
  • assistance in the development of liberalised energy markets
  • help for revenue protection
  • monitoring of the generation from building renewables
  • support in demand response techniques
  • more effective grid management
  • a new communication channel to customers.


For both the EU and the national governments

Smart Metering will

  • prove to be THE tool to entice consumers to manage their consumption better and reduce usage leading the way to improved service levels through richer billing information
  • be a key weapon in the fight on climate change
  • help governments implement liberalisation of energy markets
  • allow the full realisation of the Energy Services Directive

 

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