Market Research Report
Global Prepaid Metering: Market Forecast (2016-2026)
|Published by||Northeast Group, LLC||Product code||363408|
|Published||Content info||77 Pages plus PowerPoint & Dataset
Delivery time: 1-2 business days
|Global Prepaid Metering: Market Forecast (2016-2026)|
|Published: June 30, 2016||Content info: 77 Pages plus PowerPoint & Dataset||
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.