States Move Towards Smart Electricity Meters, How Will This Impact You?

States Move Towards Smart Electricity Meters, How Will This Impact You?

States Move Towards Smart Electricity Meters, How Will This Impact You?
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Residential consumption, today, accounts for 24 per cent of the total electricity produced in India, 75 per cent of which is used for lighting and cooling. However, according to the World Bank, by 2021, the consumption would surge by 260 per cent. Wouldn’t it be so much better if you could regulate your energy consumption?

The answer to this is – smart electricity meters – a part of the Saubhagya scheme.

In a recent meeting, Minister of Power and New & Renewable Energy, R K Singh announced that all the traditional meters will be replaced by smart prepaid meters in the next three years. He urged the smart meters manufacturers to up the production. “In the next three years metering will go smart prepaid, and gone will be the days of bills reaching your house. So need of the hour is to scale up manufacturing of smart prepaid meters and to bring down their prices,” the minister was reported as saying.

Moving on the lines of the Central government, the Manohar Lal Khattar-led Haryana government has now approved installation of 10 lakh smart electric meters across five districts of the state – Panipat, Karnal, Panchkula, Faridabad and Gurugram. These smart meters will be replaced in collaboration with Energy Efficiency Services Limited (EESL).

A similar move has been made in Bihar, where installation of 20 lakh such meters will begin in August. These meters will be installed in select districts of north and south Bihar. It will be an 18-month installation process that will connect these meters to the consumers’ mobile phone.

Why smart meters?

Smart meters can be a wise idea to better your power consumption and also, do a larger good of saving otherwise wasted electricity. Helping regulate consumption, these meters will be connected to your mobile device and tell you when or which appliance is using more than required electricity. Also, this device when connected to smart discoms will give you messages of incentives of lowering consumption during peak hours and an incentivised consumption for heavy-duty appliances.

While we pay a standard tariff for consumption all throughout the day, these meters will provide a dynamic tariff plan for both peak and off-peak hours, helping them save in case they have judicially consumed electricity or making them pay more for excessive use.

Moreover, the government also plans these meters to have a prepaid system where the users could pick for say a Rs 50 consumption for a period of time and then just not use electricity. Imagine homes that are closed for months but some appliances in them still use electricity every single day.

A great deal of these meters will help reduce power theft as electricity will be supplied only to homes with these smart meters.

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