Transitioning to Smart Gas Meters Benefits Consumers

February 2017, Vol. 244, No. 2

By Nicholas Newman, Contributing Editor

Utilities across the world are installing smart gas and electric meters, bringing an end to labor-intensive periodic meter readings at homes and businesses and inaugurating real-time, accurate monitoring of the amount and pattern of energy use. The introduction of internet of things (IoT) provides the gateway to the smart meter revolution. Market The leading markets for smart gas meters are North America, Europe and Asia Pacific. Valued at $ 1.59 billion in 2016, the smart gas meter market is forecast to grow at over 7% annually to reach $2.27 billion by 2021 according to Smart…

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