Digitization is taking over the traditional process mechanisms by the minute. Internet of Things (IoT) has been the talk of the town for quite a while. Products like alexa are turning our homes into smart homes which can be controlled remotely. This digitization circuit can only be completed with our electric grid being digital. It’s quite a long time that consumers have been arguing for their incorrect exaggerated bills and utility providers have been reporting revenue losses.
Smart Meters are devices backed by intelligent chipsetsensors that measure, monitors and collect the electricity consumption data in live real time or rather near-live time and seamlessly synchronize it with the grid to ensure accurate billing and enhances customer experiencefair pricing. These meters offer a lot more than just monitoring and gathering usage and consumption data; they are the engines that drive the digitalization of the grid.
Smart Meters are the advanced version of traditional meters. They come in different variants:-
Single Phase Meters: Intelligent and high-potential, remote upgradable meters for household use.
Three Phase Meter: For consumption up to 120 Ampere for both household and industrial use.
In terms of functionality, smart meters offer a wide range of options like: near-real time consumption, power outage notifications, voltage monitoring etc. The meter reading and near-live consumption can be accessed on the smartphones with the help of an app. It also offers a choice of communication technologies like NB-IoT, RF Mesh, 2G/3G/4G for connection with the grid.
Smart meters are paired with Advanced Metering Infrastructure (AMI) that communicates with the device on a regular basis or on schedule to sync data and keep the metrics streamlined for both consumer and utility provider. Also, the meters are enabled to receive Over the Air (OTA) firmware upgrades from time to time, to keep the meters ready for new functionalities and processes. This helps keep the meters functional throughout their lifetime of up to 20 years.
Low revenue generation and power leakages cause shortage of electricity supply which results in power outages throughout the day. As per a report, utility (DISCOM) incurred a loss of over 1 lakh crore worth of power that went unbilled last year alone. While with a smart metering system, the utility gets the complete insight of the no. of power outages in a particular region, can monitor usage vs. revenue, can reduce peak purchase cost of power which will help increase business efficiency.
Smart meters bust the major cause of distress in the power sector i.e. “revenue loss”. Traditional meters were highly prone to tampering and a user could easily roll back the reading with a magnet. Introduction of intelligent devices in this sector will provide transparency to the system at a whole new level.
At Crystal, we aim to be concurrent partners in curating custom solutions for utilities (DISCOM). With years of experience in smart metering and related systems, we understand technologies that will work just right. Crystal Smart Meters are optimized for use in smart metering systems along with seamless integration with Advanced Metering Infrastructure (AMI) and data collection systems.