Cost benefit analysis of smart metering and direct load control: overview

"NERA Economic Consulting (NERA) has been engaged by the Ministerial Council on
Energy’s Smart Meter Working Group (SMWG) to estimate the net benefits associated with a mandatory rollout of smart metering, and a non-smart meter direct load control alternative. This report summarises the results of Phase 2 of the national cost benefit analysis and includes the estimates of the costs and benefits of smart metering and direct load control for each jurisdiction. It also provides NERA’s final recommendation as to the national minimum functionality for smart meters".