As electricity markets are liberalized, consumers become exposed to higher electricity prices and may decide to modify their demand to reduce their electricity
cost. In this carbon-conscious age, we are all aware that smart electricity meters are able to save consumers money and make energy consumption more efficient.
When the majority of energy meters are digitalized, the smart networks that will evolve inside our homes will help to change the way we live. Smart meters already
help us monitor energy usage in the home, sending automated meter readings to our supplier at chosen intervals, ensuring an end to energy usage estimates.