ISLAMABAD - The Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Sunday asked electricity and gas companies to consider adopting smart meter technology to discourage wastage, reduce loadshedding and operational costs and ensure profit. Smart meters send electronic meter readings to energy supplier automatically through an in-built SIM card to settle the issue of estimated bills or over or under-paying, said Farida Rashid, President IWCCI.

Speaking to business community, she said that smart meters could mean lower electricity and gas bills; and more efficient operations by distribution companies.

Smart meters will eliminate the need of meter readers while the energy companies will have a more accurate picture of the situation which can help proper planning, she said.

These devices could also lead to the innovative energy tariffs and plans tailored to fit lifestyle and energy usage of individuals.