NEA Starts Installing Smart Electricity Meters in Kathmandu | ADVANTAGES & DISADVANTAGES |
I switch to a smart meter from analog meter, As per NEA (Nepal Electricity Authority) has begun the execution of Smart Electricity meters in Kathmandu. This comes as the principal period of the Kathmandu Valley Smart Metering Project (KVSM).
One of the fundamental motivations behind the Smart meter is to decrease meter understanding expenses, permit levies dependent on time burden, and cut 'Total Technical and Commercial' misfortune. What's more, it will likewise assist with lessening power burglary. With the installation of Smart Electricity Meters, meter readers will no longer need to roam around houses generating the electricity bill.
On top of that, consumers can directly view consumption details through a web portal or mobile app.
How Does the Smart Meter Work?
Advantages of Smart Meters
- Far greater and more detailed feedback regarding energy use
- Reduces the number of blackouts and system-wide electricity failures
- Reduced costs for micro-generation customers
- Better customer service
- Reduction in electricity loss and theft
Disadvantages of Smart Meters for Consumers
- Additional fees for the installation of the new meter
- Privacy concerns for the personal data collected and how it will be used
- More responsibility placed upon the consumer for maintenance
Advantages of Smart Meters for NEA
- Eliminates manual monthly meter readings
- Monitors the electric system in real time
- Encourages more efficient use of power resources
- Provides responsive data for balancing electric loads while reducing blackouts
- Enables dynamic pricing
- Avoids the capital expense of building new power plants
- Helps to optimize the profit with existing resources
Disadvantages of Smart Meters for NEA
- The additional cost to train personal, develop equipment, and implement new processes for data storage
- Managing public reaction and feedback concerning new meters
- Making a long-term financial commitment to new hardware/software
- Ensuring the security and privacy of metering data