Prepaid meters and smart solutions have multiple gains for all
Xenius
IOT/M2M
Smart metering solutions provide a host of benefits to both the consumers as well as
the electricity distribution companies. While smart meters help the consumers in being
charged fairly for the actual power consumed, discoms gain by saving on distribution
losses and cutting manpower cost for meter reading.
The onslaught of coronavirus pandemic and consequent lockdowns, besides causing
health and economic havoc, inflicted another kind of damage on many households – a
significant, and in some cases even shocking, rise in their electricity consumption and
billing.
Due to the strict lockdown in force, electricity departments were unable to conduct
physical reading of the meters installed at the consumers’ premises. The public was,
therefore, charged on the basis of their average consumption in the corresponding
months of the previous years. The bills thus calculated were massive and left most of the
consumers shell-shocked. The distribution companies (discoms), on their part, have
been facing another kind of challenge – that of major losses in electricity distribution.
With the advent of technology that makes calculating manual physical reading ineffectual,
both these challenges can be met successfully.
With prepaid meters and metering solutions offered by Xenius, the consumers can easily
track their electricity consumption on their smartphones on a real-time basis. With this
revolutionary solution, the consumer gets accurate data sent through a secure smart data
network, with no scope for estimated bills. The system also helps notify low recharge,
exceeded consumption or overload thus ensuring smooth operations, both for the
consumers as well as the discoms. It also gives the consumers relief from standing in long
queues to get their bills rectified.
Everything becomes transparent. Among the key benefits offered by smart metering
solutions are
● Alert/notification - Consumers may monitor their usage in real time on Xenius
mobile app (iOS and Android) and can also set up custom alerts/notifications.
● Bill generation - Complete transparent billing mechanism - with maintenance
charges, grid and DG charges as applicable.
● Real-time monitoring – A hundred per cent contactless prepaid metering
providing real-time updates for homeowners and real estate developers/estate
management agencies.
● Prevent revenue loss - With real-time analysis, one gets notified of any system
malfunction and can also check the health of the system frequently.
Besides all these benefits, the smart prepaid metering solution also saves money on
infrastructure as it is compatible with almost every meter making installation a non-issue.
Because of the multiple advantages of a prepaid meter over a conventional, static meter, it
is being used by as many as 17 electricity distribution companies in the country.
Prepaid meters can also play a major role in reducing all sorts of technical and
commercial losses as their collection efficiency is 100 per cent. Countries like South Africa
and Bangladesh have also started using these meters. While saving precious energy for
the discoms, they also offer another bonanza – enhancement of revenue that comes by
eliminating their cost on manpower.
BLURBS
The distribution companies (discoms), on their part, have been facing another kind of
challenge – that of major losses in electricity distribution.
The public was charged on the basis of their average consumption in the corresponding
months of the previous years. The bills thus calculated were massive and left most
consumers shell-shocked.
With prepaid meters and metering solutions offered by Xenius, the consumers can easily
track their electricity consumption on their smartphones on a real-time basis.
Because of the multiple advantages of a prepaid meter over a conventional, static meter,
it is being used by as many as 17 electricity distribution companies in the country.
About Xenius
Xenius is one of the most recognized companies in the IoT/M2M space. Though the
client’s satisfaction is the highest recognition, we feel humbled with the innumerable
corporate awards and patents that speak for the innovations introduced by us and the
various milestones achieved.
Contact Xenius
Address: H-98, H Block, Sector 63, Noida, Uttar Pradesh 201301
Landline: 0120-4201765, Mo: 7303093408
Website: https://www.xenius.in/
Source:
https://www.xenius.in/prepaid-meters-and-smart-solutions-have-multiple-gains-for-all/
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