Quoted:
Many larger cities in the U.S. already have them. We do here in Texas and I like them because I no longer need a meter reader to set foot on my property. As for the concerns of dynamic pricing, well, in Texas we have a deregulated electric industry, so when I choose my electric provider, I lock in a rate for a certain period of time. Sorry, but they can't dynamically adjust my rate whenever they feel like when I've got a contract in force.
I really think the smart meter is something different, the one your talking about I had when I lived in MN 15 years ago where they could drive by at 20 mph and could read it or the meter reading was sent right to the office.
These smart readers send info for when power is used each minute of the day compared to just send the total used for the month.
now I could be wrong because I am no expert but did stay at a Holiday Inn many many years ago