The answer to this question is no. The main reason for installing a smart energy meter is not to replace the traditional electric energy meter used by the utility for billing purposes, but to gain knowledge about the details of energy consumption in a household. These two metering devices can operate and measure energy simultaneously without conflict. The best way to get a smart energy meter is to install one in addition to the existing electricity supplier’s metering device. This kind of energy metering setup keeps all of the features of the standard energy meter so that the utility company can still use its data when preparing the bills for their customer. At the same time, the additional smart energy meter provides a homeowner with valuable insight into energy efficiency and how to reduce their future energy bills.