As of 2020, about 65% of electricity meters across the United States had “smart” capabilities including integrated data processing and two-way communications, according to Guidehouse Senior Research Analyst Michael Kelly. The penetration of advanced metering infrastructure (AMI) has been steadily growing by about 4-5% annually since 2016, he said.
Utilities are headed towards about 90% AMI uptake by the end of the decade, though penetration varies by type, according to Guidehouse data. Cooperative utilities have about 78% smart meters on their systems, while investor-owned utilities sit around 65% and public power companies at 55%.
CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.