Abstract
The main benefit of interval meters is the ability to measure electricity consumption on an hourly or short-term time interval basis during the billing cycle. This allows the electricity retailer to measure and price energy flows to and from the consumer at that level of temporal granularity. A number of other features of interval meters are often offered–and at times required–in markets around the world. In this section we highlight some of the other beneficial qualities that smart meters use to modernize the grid.
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