29-12-2012, 05:05 PM
BENEFITS OF REMOTE ELECTRICITY BILLING SYSTEM
BENEFITS OF REMOTE.docx (Size: 29.19 KB / Downloads: 38)
Benefits of Remote Electricity Billing System
Prepaid energy meter is used to improve the operational efficiency as there is no need of men for meter reading .The disconnection & reconnection is automatic. It can help to control appropriation of electricity in a better way than traditional metering.
As the payment is online/by recharge voucher , it improve the cash flows and also improved revenue management system, which will reduces the financial risk.
Customer service is also improved by using this. By the use of prepaid energy meter the billing delay and extra cost due to disconnection/reconnection can be removed and we can use the electrical energy in a controlled manner which helps the consumer to save their money through better energy management.
Market Drivers
Due to increase in the need of electrical power ,the consumer focused on the deregulated power distribution market which is forcing the market participants to make the existing metering and billing process in a competent way. This drive the prepaid market.
Metering errors, tampering with meters are belongs to non-technical losses which leads to low registration and calibration related frauds. In India it is greater than 10 percent. By using prepaid meters we can control non-technical losses in a better way than conventional ones.
Most of the Asian countries do not have 100% electrification; hence by the increasing generating capacity new markets are being created . The Prepaid energy meter unit can be more easily introduced in such type of new markets rather than the existing ones for enhance the electrification.