Smart meter

A smart meter is an electronic device that records information—such as:

Consumption of electric energy
- voltage levels
- current
- power factor
Consumption of lP(propane) or Natural gas
Consumption of water.

The smart meter can then communicate the information to the consumer and utility suppliers. Advanced metering infrastructure (AMI) differs from automatic meter reading (AMR) in that it enables two-way communication between the meter and the supplier.

Consumer-impact summary

Overview of concerns that arise from the conduct towards users of the product (if applicable):

User Freedom
User Privacy
Business Model
Market Control

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Smart meters are in and of themselves mostly harmless (there are suspicions of EMF and radiation being emitted from the meters due to lack of shielding), but when coupled with third parties collecting, processing, and retaining data this could put the end user at risk of data leaks:

User Freedom: Many of electric and gas distribution companies are requiring or asking customers to switch to smart meters. In some cases customers can opt out if they pay a monthly fee and in rare cases companies will allow customers to opt out for free.
User Privacy: Most smart meters use third parties to collect, process, and store data without the customers knowledge.
Business Model: Utility companies typically do not disclose to their customers what is happening with the data from the smart meter, tell customers what brand smart meter is being installed, or inform customers of the third party smart meter companies' privacy policy.