NEW YORK, Nov. 16, 2016 /PRNewswire/ -- A study of the global opportunity for prepaid electricity metering over the period 2016-2026 (77 pages + PowerPoint + dataset). Investment in prepaid electricity metering will total $11.4bn over the next decade. This will be split between "thick" non-communicating prepaid meters and "thin" AMI meters. All regions of the world are covered in the study.
Prepaid electricity metering offers a diverse range of benefits for both utilities and customers, with unique advantages in all regions of the world. These meters are now getting renewed attention as utilities seek to reduce T&D loss rates and levels of bad debt. Prepaid metering growth will be particularly strong in emerging
market countries where collection rates are often low, but until recently prepaid meters were considered by some utilities to be prohibitively expensive. Recent years of economic growth, as well as years of successful prepaid metering case studies in countries such as Indonesia and South Africa, have improved the case for
prepaid metering in emerging market countries.
Additionally, customers have generally approved of prepaid metering, appreciating the improved control over their budgets and the elimination of estimated billing. Emerging market countries will initially focus on non-communicating prepaid meters, but will increasingly deploy AMI meters with prepaid functionality. Developed countries will also follow this trend, with most countries expected to enable prepaid billing as part of larger AMI rollouts. As a result, prepaid metering will see growth in all regions of the world, adding a net 126 million prepaid meters over the next ten years.