A Review on Automatic Energy Consumption Detection, Billing and Monitoring Device

In contemporary production and distribution systems, intelligent energy meters have become a dire necessity to make use of the available renewable energies with availability. This creates future scope in the sectors of developments and improvements for smart cities. A lot of new intelligent energy meters are being installed in homes of people for many reasons mainly that it can furnish numerous enlightening recordings of exhaustion alongside minute clarification of billing. Automated Readings, Data Detersion, Theft Detection and early warnings to make efficient use of energy being consumed. To make full use of the benefits of the intelligence system, major technical issues need to be addressed. Numerous big data analytical machine engines are needed to address areas such as outage control, asset control and fault detection chiefly incase systems that do not identify gas consumption, consumer segmentations and so on. Data Analytic point of view transform large volumes of data into information for customer’s, utility, and various authorities. With the availability of numerous analytical algorithms, we will be able to access larger volumes of information but many systems are not able to complete this task sufficiently and efficiently. The advancements and of this intelligent energy meter are also discussed below. Researchers, utility authorities as well as stake holders may make use of the available information.