News
News
1. "UK Energy Firms Accelerate Smart Meter Rollout Amid Rising Electricity Demand"
(June 2024)
British energy providers are speeding up the installation of smart meters as electricity consumption surges due to extreme weather and increased reliance on electric heating. The government aims to have 80% of households equipped with smart meters by 2025 to improve energy efficiency and reduce costs.
2. "California Approves New Time-of-Use Rates, Pushing Smart Meter Adoption"
(May 2024)
California regulators have approved dynamic pricing models for electricity, encouraging consumers to shift usage to off-peak hours. This move relies heavily on smart meters, which provide real-time data. Critics, however, raise concerns about privacy and potential higher costs for low-income households.
3. "India’s Smart Meter Revolution: Over 5 Million Installed in 2024 Alone"
(April 2024)
India’s power sector is undergoing a major transformation, with over 5 million smart meters installed this year under the government’s National Smart Grid Mission. The initiative aims to reduce power theft, improve billing accuracy, and enhance grid reliability.