A power meter is an electric device that measures the amount of energy consumed for billing purposes. It also comes with monitors, so you can better understand your energy usage. The monitoring of the power quality helps to lower the energy costs and to prolong the machine's life. Smart metering is such a complete end to end solution which minimizes the several errors and helps in distributing Quality Power. The conditions/ environment of operation of power meters are not the same as it was a few decades ago owing to the dynamism of this market. Smart Electricity Meters Market is constantly evolving thus facilitating development of new technologies. Ever-changing technology combined with addition of new product lines are the major drivers for this industry. The traditional meter usually has a metal disc that rotates as power is consumed. The disc is actually part of an electric motor that rotates at a speed that is proportional to the product of the voltage and the current being s...