As of my last update in September 2021, several types of electrical energy meters were commonly used in utility billing. It's possible that newer technologies have emerged since then, but here are the main types that were widely employed:
Electromechanical Meters: These are traditional analog meters with rotating disks driven by the flow of electricity. The rotation is proportional to the energy consumption, and the meter reader manually records the readings for billing.
Electronic Meters: Also known as static meters, these devices use digital displays to show the energy consumption. They record the data electronically and often have more advanced features like load profiling and data logging.
Smart Meters: Smart meters are advanced digital meters that can communicate remotely with the utility company. They enable two-way communication, allowing the utility to collect consumption data in real-time without the need for manual readings. Smart meters offer features such as time-of-use (TOU) rates, demand response capabilities, and better energy management options.
Prepaid Meters: Prepaid meters require users to pay in advance for a certain amount of electricity. The meter deducts the consumed units from the prepaid balance until it reaches zero, at which point the electricity supply stops until the user tops up the credit.
Time-of-Use (TOU) Meters: These meters record energy consumption at different rates based on the time of day. Electricity costs more during peak hours and less during off-peak hours, encouraging users to shift their energy-intensive activities to off-peak times.
Multi-Rate Meters: Multi-rate meters, also called interval meters, divide the day into several time periods, each with its own pricing. These meters allow for more precise billing based on different rates at different times of the day.
Maximum Demand Meters: These meters track the maximum power demand during a specific period, typically measured in 15-minute intervals. They are crucial for commercial and industrial consumers who are billed based on their peak demand in addition to their energy consumption.
Net Energy Meters (NEM): Net energy meters are used in systems with renewable energy sources like solar panels. They allow users to export excess electricity back to the grid, and the meter records both energy consumption and energy generation.
Split Meters: Split meters are used in multi-tenant buildings to measure and bill the electricity consumption of individual units separately.
The implementation of these meters varies depending on the country, regulations, and the utility company's preferences. Smart meters, in particular, have been gaining popularity due to their ability to facilitate more efficient energy management and reduce operational costs for utilities. Keep in mind that technological advancements might have introduced new types of meters or updates to the existing ones beyond my last update in September 2021.