A smart meter is an internet-capable device that measures energy, water or natural gas consumption of a building.
Whereas traditional meters only measure total consumption, smart meters record when and how much of a resource is consumed. Power companies are deploying smart meters to monitor consumer usage and adjust prices according to the time of day and season.
Interfacing with Aciex, the smart meter as part of the smart grid, becomes a highly intelligent approach to managing energy distribution and consumption that uses Internet technologies to create bi-directional communication, coordination and control. It will also allow the building administrator to control the load based on real-time energy costs.