According to Aneel, the regulation will bring a number of benefits to consumers, including “creating the conditions for the spread of microgeneration, more efficient use of energy, the possibility of remote services and improved network monitoring by utilities, the reduction of technical and non technical losses, and the offer of new services to consumers.”
Pepitone André da Nobrega, director of the project in Aneel, notes, “Electronic electricity meters are an important step for the deployment of smart grids in Brazil. The underlying factors for smart grids in Brazil are the need to improve quality of service in low voltage, as well as to reduce losses in the power supply and operating costs.”
Brazilian power distributors will install about $670 million of smart meters a year starting in 2014. Smart-meter makers expected the government to require utilities to substitute all 65 million of the nation’s meters with smart devices but the requirement only applies to new installations, excluding low-income households.
Sao Paulo-based analyst at Bloomberg New Energy Finance, Maria Gabriela da Rocha Oliveira, says, “It would have been better if it was mandatory to replace all meters. This is a step in the right direction though.”
With the smart meters, Brazilians consumers will be able to install solar panels and trade power back to the grid.