A recent innovation for residential metering is known as what type of metering?

Smart metering is the correct choice because it represents a significant advancement in how energy consumption is monitored and managed in residential settings. Unlike traditional metering methods, smart meters utilize advanced technology to provide real-time data on energy usage. This enables homeowners to gain insights into their energy consumption patterns, allowing for more informed decisions about energy efficiency and usage habits.

Smart meters can communicate directly with utility companies, facilitating automated readings and reducing the need for manual meter reading. This innovation helps in quickly identifying service outages and enabling dynamic pricing structures based on consumption patterns. Moreover, smart metering often includes features such as remote monitoring and the ability to integrate with home energy management systems, further enhancing control over energy usage.

In contrast, fixed metering, analog metering, and buffered metering do not employ the same level of technology and interactivity. Fixed metering typically refers to traditional, non-digital methods that lack real-time data capabilities. Analog metering relies on mechanical dials and is not capable of providing the detailed insight that smart meters can. Buffered metering, while a term used in certain contexts, does not characterize the recent innovations in residential energy monitoring. Therefore, smart metering stands out as the modern approach offering enhanced visibility, efficiency, and customer engagement in