Use of Smart Meters on the Increase

Kind of a follow up on yesterday’s postElectronics Engineering Times reports that sales of the chips for smart meters are expected to double:

The rollout of smart meters is being propelled by government support and regulations, IHS said. In the U.S., stimulus money from the Smart Grid Investment Grant program is driving the replacement of conventional meters with new smart models. Meanwhile, the European Union is targeting an 80 percent conversion to smart meters by 2020, representing shipments of 180 million units, IHS said.

You can read the full post here.

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