A smart meter is a tool that utility companies use to measure the amount of energy used by their customers. Smart meters are digital devices that record energy usage in intervals, usually every fifteen minutes. This data is then transmitted to the utility company, allowing them to more accurately measure the amount of energy used by their customers and identify any abnormalities in energy usage.
They use these meters so they can better manage the electric grid. Smart meters also allow customers to track their energy usage in real-time, helping them to make more informed decisions about their energy consumption. Utilities can also be turned off remotely from customers who are behind on their payments for services.
Smart meters have been shown to reduce power theft.
A smart meter prepaid plan is a plan where you pay for your electricity usage in advance. This is a great option for people who want more control over their electricity budget. With a prepaid plan, you know exactly how much money you will be spending on electricity each month, and you can avoid any unexpected surprises while eliminating deposit requirements.
Smart meters are gradually being installed across the country as a way to reduce power theft. The meters allow utility companies to closely monitor power usage in specific areas, and they can quickly identify any abnormalities. This helps to reduce power theft, which is when people illegally use or sell power that they’re not supposed to. In many cases, smart meters have been shown to reduce power theft by up to 50%.
Could be launched in the country before the end of the year.
MEMMCOL and NASENI have partnered to develop smart prepaid meters for Nigerian homes and businesses. This will help to improve energy efficiency and reduce waste. This is a great step forward for the development of infrastructure in Nigeria. It will help to improve energy efficiency and reduce waste, which will help to improve the quality of life for Nigerians.
The Chairman of MEMMCOL Engr. Kolawole Balogun, has said that a new meter could be launched in the country before the end of the year. The new meter, which has been in development for some time, is hoped to resolve some of the issues with the current meter infrastructure.
An agreement to develop smart prepaid meters in the country.
Engr. Kolawole Balogun (MEMMCOL) and Prof. Mohammed Haruna, Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI) signed an agreement to develop smart prepaid meters in the country. This is in line with the Federal Government’s commitment to improve power supply in the country.