This document describes a proposed smart electricity meter system using IoT. The system would automate the manual process of monthly electricity bill calculation and reading. Sensors in the electricity meter would collect real-time energy consumption data and send it wirelessly to a centralized system. This would make the billing process more accurate and efficient by eliminating human error. It could also provide load monitoring to strengthen the electricity distribution system based on usage patterns. The proposed system aims to reduce costs for utilities while providing users with more control over their electricity usage and billing.