PREPAYMENT AND SMART METERS MAKING STRONG INROADS IN THE ASEAN REGION
By Avanthika Satheesh, Frost & Sullivan
Briefly put: The Southeast Asia electricity meters market is developing rapidy, with major investments into replacing electromechanical meters along with new installations driven by residential segment growth and government targets. There is a boost in prepaid meter sales particularly from the Philippines and Indonesia. Major challenges include resistance to new technologies, lack of skilled labour and financial constraints.
The ASEAN electricity metering industry is transforming rapidly with unit shipments growing at a rate of 25% between 2011 and 2013. Ongoing and new electrification projects, aggressive meter replacement projects and smart grid trials aid this tremendous pace of installation. There is a drastic technology shift happening in the ASEAN region. The traditionally installed electromechanical meters are being replaced by electronic and prepayment meters. This shift will phase out the eletromechanical meters from the ASEAN-6 (Singapore, Malaysia, the Philippines, Indonesia, Thailand and Vietnam) countries by 2025.