What Is Smart Metering?
Real-time usage data allows utility providers to optimize distribution and empowers consumers to make smarter usage decisions. IoT-enabled smart metering can improve customer service and your bottom line through actionable meter data insights.
How Smart Metering Helps Improve Service Delivery
Smart meters use networking technology designed with the long term in mind. Cellular IoT, or cellular LPWA, allows these meters to solve everyday challenges providers of numerous utilities face. Benefits these providers can offer to customers include:
Reduce the Impact of Costly and Disruptive Electricity Outages
Smart metering and smart grid technologies enable immediate emergency response to outages in homes or neighborhoods. Smart meters make it much easier for technicians to identify an outage’s root cause and restore power without an in-person field inspection. Avoiding these expensive truck rolls save utility providers money — and gets customers back to normal faster.
Support Clean Energy Initiatives
Smart metering helps consumers and utility companies manage natural gas consumption more sustainably. Providers can detect and remediate gas or water leaks with greater speed. Without as much of a need for manual meter-reading and associated travel, vehicle emissions decrease.
Boost Water Conservation
Smart water meters provide granular and real-time data about water consumption practices. Analysis can ensure providers correctly allocate water for optimal supply balance. As drought conditions continue to affect large swaths of the globe, this practice is a crucial step toward effective water conservation.
Smart Meter Use Cases
Smart meters provide access to real-time data to improve service while reducing costs and boosting profit. You can:
Balance Electric Loads and Reduce Power Outages
Remote smart meter management helps detect and address anomalies and disruptions. You can activate, throttle and deactivate meters faster to save time and increase efficiency, managing peaks that cause outages.
Streamline Energy Distribution through Accurate Forecasting
Automated meter-reading is a one-way process, with data flowing from the meter to the utility. Smart energy meters provide two-way communication.
As you monitor data to predict behavioral or seasonal changes, you can adjust your grid with greater detail. This detail can feed back into the data, allowing for a more granular view of future behavior.
Increase Customer Trust through Accurate Billing
Smart meters allow utilities to map billing to actual usage, increasing customer trust. According to 2021 Omdia research, 80% of U.K. residents with smart meters reported improved insight into energy bill details.
Enable New Services to Improve Your Bottom Line
Smart meters allow for a range of value-added services such as remote updates and service changes. Their longevity and low power consumption are attractive to companies looking to scale their operations without adding costs.
For example, Dutch smart gas meter manufacturer Wigersma and Sikkema chose Telit’s LE910EU1 to power its meters. This cellular module enables reliability and energy efficiency for Wigersma and Sikkema’s end users.
Smart meters adapt as network technology evolves. Manufacturers can bypass redesigns and focus on helping utility providers address other market needs.
Partner with Telit when building your IoT solutions for smart utilities to get the most out of smart meter technology.