Innovel

The Smart Meter National Programme aims to install 250 million smart meters across the nation by 2025. Innovel Energy Services has successfully installed over 360,000 smart meters in Madhya Pradesh and West Bengal which depicts their contribution towards smart meter solutions . How do smart meters work and why do they matter? The smart meter displays a digital meter reading and uses a secure smart data network to automatically and wirelessly convey the readings to your energy supplier every 15 minutes, so you will receive precise, not estimated bills. The states of India have so far installed 66.18 lakh smart meters.  At the core of every smart meter lies a sophisticated system of sensors, processors and communication modules. Here is a breakdown of the key components and functionalities: Measurement accuracy Smart meters use digital technology to provide precise measurements of energy consumption. Smart meters automatically record usage data at regular intervals. Real-time monitor...

Smart meters represent a transformative advancement in the way we monitor and manage energy consumption. Adopting smart meters will bring about digitization, automation and greater efficiency in the electricity distribution system. Smart meter solutions have turned the tables in the electric utilities sector.  Benefits of Smart Meters Smart meters offer several advantages, which are as follows: Accurate billing Smart meters ensure precise billing, reducing instances of billing disputes and errors. According to reports, inaccurate billing is a significant issue, with up to 50% of consumers receiving bills with errors. Smart meters may help alleviate this issue by providing accurate readings of energy consumption. Improved revenue collection Smart meters facilitate timely and accurate billing, leading to improved revenue collection for utility companies. By reducing billing disputes and non-payment issues, smart meters help utilities increase their revenue streams and financial stab...

In an age marked by increasing concerns over energy consumption and its environmental impact, the role of smart meters has evolved from a basic tracking device to a powerful tool that empowers consumers to make decisions in regards to their energy usage and aids in reducing electricity bills . Smart meters help consumers cut energy costs : In accordance with the National Smart Grid Mission as of June 30, a total of 23 crore smart consumer meters have been approved on a pan-India basis, of which, orders for 3.65 crore meters have been granted so far. However, 66 lakh smart meters have been installed till now. Smart meters play a crucial role in allowing consumers to make informed decisions that result in significant savings on energy bills. The following points tell us how: ●      Real-time monitoring :- Smart meters provide consumers with real-time awareness of their energy usage, enabling them to balance consumption habits accordingly. According to studies, ...