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The smart meters are being said to bring about the next revolution in the utility supply scene. These smart meters are often referred to as electrical meters in some parts of the globe and are digital smart meters which have been created for remote access and exchange information.

The smart meters usually comprise of real time sensor technology that evokes responses in them. They are called smart meters because at any point in time, if there is a power outage or deteriorating quality of electricity or gas that is being supplied to the property, these meters are able to detect the change and relay the information to the service providers for them to get it logged and in response a solution be designed and implemented to do away with the issue.

There is another provision in the smart meters which is referred to as Automated Meter Reading. This is the technology which assists in the automatic consumption, diagnostic and status data to be automatically collected and transferred to a centralized database for billing purposes. This is the data regarding the consumption of gas, electricity and water. This is the feature that allows the smart meters to take and store the meter readings at designated regular intervals. This eliminates the need for manual reading of the non-smart meters. Also all this information sought by the smart meters are used in different kinds of analysis by the utility companies. This technology for these smart meters is based on radio frequency as well as power line transmission, whichever convenient.

As a part of Advance Metering Infrastructure, smart meters include features that help in collation of data that can be used to ascertain many details with regards to the energy consumption. The data gathered by the smart meters is used to analyze and measure the energy usage. This measurement also helps the utility companies assess how to control production and supply and in course increase efficiency in ensuring supply. This system allows interaction between smart meters installed for gas, electricity, heat and water. This communication from smart meters can be prompted as a response to a request or in accordance with a pre defined schedule.

The resources used in the advance metering infrastructure include software, hardware, energy display and controllers, systems associated with customers, communication systems, Meter Data Management Software, network distribution business systems, Meter Data Management Softwares etc. This technology is based on the amalgamation of all these systems to create a unique domain design where at the prompt of a button the information regarding the customer till that day is made available accurately. The smart meters are the end result of this technology collaboration.

The necessity to create the smart meters system has arisen out of the need to increase efficiency and regulate energy supply effectively to control the spiraling and fluctuating costs.The objective of the process is to be able to gather real time information from the smart meters and analyze it to assess the consumption trends. These trends can be detailed right down to the peak usage daily and therefore allow the utility companies to predict a need and a shortfall in a particular area and the smart meters are the key to data collation and transfer.

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