@yogapaddlerun no, the main reason is so they can just drive by & get a meter reading without stopping at every house, walking to the meter & writing the reading in a notebook.
even with an old fashioned meter they can cut off your power remotely
@redenigma They can read mine remotely with the meter I have. But they do have to drive by.
@yogapaddlerun @redenigma Some can send the data back on the power line, and some can send via loRaWAN, saves the driving.
@yogapaddlerun @b4cks4w @redenigma when I had it explained to me it was about draw, consistent and fluctuating. your phone charger for example it a much different draw than say, your air conditioner. They have a break down that "analyzes" your usage by comparing the draw to "types" of things. They have no accurate data on this and do not know what you are powering.
@Coffee_and_Salt Interesting!