Smart meter penetration in New Zealand is continuing to climb and is approaching 42 percent, according to Vector, which provides the majority of advanced meters in the country.
That would place New Zealand in a reasonable position in advanced electricity metering adoption globally.
Smart meter uptake rates in the UK and US are around 30 percent, although smart meters are being made mandatory in much of Europe.
Sweden made intelligent meters mandatory in 2009 and reached 100 percent smart meter rollout the following year. Meanwhile, France plans to have 95 percent smart meter penetration by 2016.
Smart meters track usage in near real time and can report remotely to utility companies using two-way communication.
Idealog has been covering the most interesting people, businesses and issues from the fields of innovation, design, technology and urban development for over 12 years. And we're asking for your support so we can keep telling those stories, inspire more entrepreneurs to start their own businesses and keep pushing New Zealand forward. Give over $5 a month and you will not only be supporting New Zealand innovation, but you’ll also receive a print subscription and a copy of the new book by David Downs and Dr. Michelle Dickinson, No. 8 Recharged (while stocks last).
Idealog is part of ICG. We work with clients like Woolworths New Zealand, All Good, Huffer, Liquorland, Resene, Citta Design, TVNZ, Spark and FCB on their event activations, in-store, in-office or out-of-home signage, content creation and vehicle wraps.