Using RFID for anti-theft in a Chinese electrical supply company: A cost-benefit analysis

Utility companies lose large amounts of money every year because of fraud by electricity customers. This paper proposes a system that implements RFID technology to help the electricity supply company deal with its ammeter inventory management and prevent electricity theft. Cost-benefit theory is used to analyse different value changes caused by the system then derive a cost-benefit model. A case study about one electricity board of an electricity supply company and its administrative area is used to calculate the costs and benefits. The value of the ROI shows positive returns from the investment of installing the RFID system.