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HPL Smart Energy Meters
S
mart energy meter is an electronic device that
measures the most accurate amount of electricity
consumed by a residence, business or any electrically-
powered device. A smart meter is reliable source for most
accurate information of consumed energy that reduces the
chance of error in the existing billing system to minimal.
Smart meter comprise first-generation smart meters o r
AMR meters and second-generation meters or AMI meters.
AMR meters provide for self-health check of the meter, data
communication using secure and open standard protocols,
periodic upgrade of meter software remotely over the
transmission network, multi utility metering capabilities,
consumption data acquisition and demand management and
control. Comparatively, AMI meters or smart meters provide
effecting utilisation and management of metering data,
automatic management of meters, two-way communication
with meters, demand response capabilities and further
provides data to implement energy efficiency practices.
Smart Meter includes-
(a) Meter, which is used to measure the flow of electric power
from input to the output terminal.
(b) LCD Display, which is used for displaying readings of the
parameters that are being metered and
(c) Communication, which is present in modern electricity
meters, which is used for one-way or two-way
communication of information with the billing utility
During 2016-2020, the overall market for electricity meters
is expected to grow at a CAGR of 11.5%, with prepayment
meters expected to grow more than the overall growth rate,
at a CAGR of 15.1%, and smart meters expected to grow at a
CAGR of 5.3%. However, the market for meters is expected
to witness explosive growth subsequent to 2022, when the
proposed civil works for smart cities and smart grids will near
completion, paving way for a robust demand for smart meters.
Particularly smart meters are expected to see a double digit
growth once bottle-necks surrounding the smart grid projects
are cleared. Demand for electronic meters dominates the
market for meters and will continue due to replacement
market for electrochemical and old meters and orders from
power utilities. Of this, power utilities account for nearly
26 | JuNe-july 2018 | Global MDA Journal
90% of the revenue generated from sale of tariff meters.
Additionally, due to various initiatives of the Government
for efficient utilization of present generation capacity, such
as the ‘perform, achieve and trade scheme’ for high energy
consuming industries, panel meters are expected to witness
nearly a 12% growth, coupled with energy efficient solution
systems. Renewable integration and energy management
practices will also fuel the growth of panel meters during
2016-2020.
HPL Electric & Power Ltd pioneering the Metering space
HPL Electric and Power Ltd an established electric equipment
manufacturing company in India, manufacturing a diverse
portfolio of electric equipment, including, metering solutions,
switchgears, LED lighting and wire & cables, catering to
consumer and institutional customers in the electrical
equipment industry. HPL manufacturing capabilities are
supported by a large sales and distribution network with a