Government has launched smart electricity meters in Delhi which will enable the consumers to monitor electricity usage in real time for different devices and save on their energy bills. The meters, in addition to being super accurate in reporting electricity usage, will be capable of informing consumers about electricity rates at different times of the day. Government is preparing to launch peak and non peak tariffs which will help consumers in lowering their electricity bills and help the power companies in distributing the power generation efficiently throughout the day.
Smart meters which are popular in developed countries can enable consumers to remotely monitor the current usage at their homes. They also enable the power companies to switch off selective appliances during emergency hours. Additionally, the power companies will be able to get a much more accurate understanding of consumers’ usage patterns and manage their generation accordingly so as to minimize the wastage of energy.
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