Benefits from smart meter investments

Vattenfall Distribution started already during 2003 to rollout smart meters to all about 850.000 Private and SME customers with a fuse size up to 63A. The main reason was to implement an efficient solution to handle monthly billing based on actual consumption which was required from July 2009. The rollout decision was based on an original business case. After that, also additional business cases have been evaluated and implemented, here called extended business cases. This paper describes the achieved benefits, both financial and non-financial, from the Smart Meter rollout. The value to upgrade some of the Smart Meters with more advanced functionality is also described.