1) Traditional electromechanical meters have issues like drift over time and temperature that digital smart meters improve on. Smart meters allow for automated and remote reading to improve efficiency.
2) Advanced Metering Infrastructure involves integrating smart meters, communication networks, and data management systems to allow two-way communication between utilities and customers. This enables features like time-of-use pricing and remote service disconnects.
3) Key components of AMI include smart meters, wide area communication networks, home area networks connected to devices, and meter data management systems to aggregate and analyze usage data.