This document discusses smart metering and automated meter reading (AMR) systems. It provides an overview of AMR components and benefits, including more accurate billing and outage detection. Past electro-mechanical meters had limitations that modern digital smart meters with communication capabilities can address. An AMR system collects meter data remotely using technologies like GSM/CDMA and provides utilities with energy monitoring and control tools to improve operations and reduce losses. Prepaid meters are also reviewed as an option that provides budgeting benefits for consumers and assured revenue for utilities.