Smart meters are a foundational part of the energy transition and can help transform electric vehicle (EV) and building electrification efforts into flexible grid resources. Tens of millions of older meters remain on the grid, and the full transition will take more than a decade, but Kelly said progress on replacing them has been steady for years.
“The only kind of barrier would be on the regulatory side,” said Kelly. And increasingly, regulators are seeing the value of AMI, he added.