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Summary and conclusions - IEA Demand Side Management ...

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(ITC/3022/2007), the regulatory framework for smart meters in the residential sector establish newfunctionalities to be implemented in the meters.At the end of 2007, Spain approved the National Plan for Meters Substitution which involved theobligation for distribution companies to change 26 millions of meters in the residential sector inSpain for 2018. In addition consumers will pay around 15 % more each month for the smart meterrent since the moment that they have a new meter.However the delay in the implementation of this plan has motivated a revision of milestones in theOrden IET/290/2012 maintaining the target of 26 millions of meters for 2018 but rescheduling themilestones.In Finl<strong>and</strong> the minimum functional requirements for the smart meters are defined, in other countriesthey are still under discussion <strong>and</strong> the requirements seem to be varying depending on the localcircumstances <strong>and</strong> market regulations.14

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