Smart meters: what is the purpose of them, advantages and disadvantages
This article is also available here in Spanish.

Smart meters: what is the purpose of them, advantages and disadvantages

My list

Author | Jaime Ramos

Smart meters are now one of the primary practical examples of sensor technologies and IoT. They are particularly noted for being devices that allow simple and large-scale implementation.

The current technological revolution is closely related to improving our knowledge of processes that will shape the urban future. And energy has an important role to play. In terms of smart homes, residential and commercial building energy use accounts for 39% of the total energy demand in countries such as the United States, according to its energy department. In this regard, the implementation of smart meters is the first and essential step.

What are smart meters and how are they used?

Smart meters are devices that measure water, electricity or gas consumption (or other utilities), which are implemented and digitalized to offer detailed information about energy use in homes or businesses; they also transmit that information in real time, serving as a base for the development of smart grids.

Although the integration of smart meters is relatively modern, the concept actually dates back to the 1970s, as part of the development of telecommunications. The inventor Theodore Paraskevakos was thought to have developed the first modern application as part of his work with Boeing.

What are the advantages and disadvantages of smart meters?

Smart meters 2

The advantages of smart meters include:

  • Simplifying meter reading. Companies receive the information directly through a wireless connection, without having to send someone out to physically read the meters and consumers do not have to provide the information. They greatly reduce costs and resources for companies.
  • They reduce administrative procedures between suppliers and customers.
  • They give consumers greater control in terms of preventing fraud.
  • They provide end consumers with valuable information for increasing the efficiency of their energy usage. For example, thanks to IoT, households can adapt their tariffs in real time, adjusting them to the times when they use less energy.
  • They enable macro data to be collected digitally, making them a basic tool for Smart Grids, which undoubtedly has an effect on sustainability. This allows energy trends to be identified, differentiated by areas or by periods; work can be conducted on the grid to increase efficiency, the overall use of energy can be streamlined and supply can be readjusted to demand.

The common disadvantages associated with smart meters are:

  • The implementation of the devices requires investment and time, which should not be underestimated. While some regions, such as the United Kingdom, have a penetration rate of 55%, with 31.1 million meters installed, in other larger areas, such as South America, the penetration of smart meters stands at 6.2% and it is hoped to reach 21.7% by 2028.
  • As with other technology solutions, they require updates and standardization protocols, which can hinder their potential and effectiveness.
  • Also like all other devices and sensors that penetrate the private lives of individuals, they do pose a challenge in terms of privacy. They require regulations that guarantee certain consumer rights to ensure the information given is not used for self-serving purposes or fraudulently.

Basic sensors for the development of smart grids.

Smart meters 3

On the whole, they are a basic instrument within the most valuable IoT urban devices. They are the first link in a chain designed to update the energy infrastructure aspiring to more ambitious goals for sustainability.

Images | Freepik/pvproductions,Freepik/freepik, Freepik/fanjianhua

Related content

Recommended profiles for you

LP
Leandro Pereira
IFPR - Campus Paranaguá
Professor
RF
Ricardo Ferreira
Geomais
Analyst programmer
IB
Irene Belanche Goenaga
EQO-NIXUS (OCA Global)
Consultant in the Sustainable Economy Division - Project Management and Business Development tasks
PV
PABLO VICENTE LEGAZPI
CAESOFT
RESEARCH AND DEVELOPMENT OF PRODUCTS IN REAL TIME AND SIMULATION
JB
José Bejarano
pamer
CC
CHAOUCHE-TEYARA Chakib
Municipalité de Clichy-sous-Bois
OM
Oscar Malaspina
Lima 2035
Food Citizen
RP
Ramon Palacio Leon
Xponent Triple AQ
Partner
MM
Mar Martinez
EIT InnoEnergy/ KU Leuven
Postdoc researcher
YB
Yusuf Ari Bahtiar
ITNY
Salesman
MC
Margaret Chamberlain
Self Employed Hydrogen
HA
Halimi Ahmadhalimi
Komunikasi
Always
SU
Sohlenius Ulrika
Nordr Sverige AB
Working with business development.
OM
Oscar Magen
Freelance
Project management
SC
Sagar Choudhary
ABV-IIITM, Gwalior
I am a Research Scholar in our institute...
NM
NILSON ANUBAL MENDOZA MENDOZA
BERIA INGENIEROS Y ARQUITECTOS
NA
Nurul ilmi Amaliyah
Ugm
Student
PS
Peter Schaar
European Academy for Freedom of Information and Data Protection
KT
Kaushal Timilsina
Independent
I am interested in understanding how the Internet of Things is helping in smart governance.
HK
Hüseyin Korkmaz
Istanbul Metropolitan Municipality