With Internet of Things (IoT) enablement solutions for smart metering, you can improve customer service and your bottom line through actionable smart meter data insights.
Smart metering is one of the key steps to developing citywide smart grid systems. These smart metering systems address utility consumption tracking and forecasting challenges for electricity, gas and water. By providing real-time usage data, smart meters allow utility providers to optimize distribution and empower consumers to make smarter usage decisions.
Smart metering and smart grid technologies enable emergency response to home and neighborhood outages. Smart meters make it easier for technicians to identify an outage’s cause and restore power without an in-person field inspection. Avoiding expensive truck rolls saves utility providers money — and gets customers back to normal faster.
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.
Smart IoT-based 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.
Remote smart metering technology management helps detect and address anomalies and disruptions. Activate, throttle and deactivate meters faster to save time and increase efficiency, managing peaks that cause outages.
As you monitor data to predict behavioral or seasonal changes, you can adjust your grid with greater detail. This detail feeds back into the data, allowing a granular view of future behavior.
IoT-enabled smart meters allow utilities to map billing to actual usage. According to 2021 Omdia research, 80% of U.K. residents with smart meters reported improved insight into energy bill details.
Why Smart Meters?
Smart meters technology allows 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.
Smart meters adapt as network technology evolves. Manufacturers can bypass redesigns and focus on helping utility providers address other market needs.
Speak with our IoT experts to start building your IoT solutions for smart meters.