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Australia sees smart meter growth

22 Jun 2015

A new initiative to roll out smart meters in Australia is expected to lay the foundations for an intelligent electricity grid in the region. This in turn will open up high-tech home energy control for consumers.

The Australian Energy Market Commission’s ruling on competition in metering services – due 1st July – will determine how the market will operate in the future. Energy retailers would undoubtedly offer the installation of smart meters, which would contribute to the foundations of a smart grid infrastructure.

By 2017, all new meters would be ‘smart’, which opens up opportunities for metering suppliers across Australia. One of the companies eyeing up this potential growth is Landis+Gyr which has installed meters in Australian homes for decades. The company has also been involved in a huge smart meter roll out in Japan, where 27 million will be installed over seven years for Tokyo Electric Power Co. customers.