Toronto, ON, Canada --- (METERING.COM) --- April 9, 2010 - More than 3.05 million smart meters had been installed throughout Ontario as of September 30, 2009, according to an audit review conducted by the Ontario Energy Board.

Of these 2.88 million were residential meters and the remaining 171,000 were general service connections <50 kW.

The audit covers the period from January 1, 2006 and is based on the responses of 78 of the province’s 80 electricity distributors.

The total capital expenditure (CAPEX) for these smart meters was Ca$570.34 million (US$568.99 million) and the total operating, maintenance and administrative (OM&A) expenditure was $62.95 million (US$62.81 million). The total advanced funding provided to the distributors to assist in smart meter investment and deployment was Ca$51.31 million (US$51.19 million).

Stranded meter costs were recorded by 13 of the distributors, totaling Ca$31.53 million (US$31.46 million).

Under a 2007 Board decision, 14 categories of capital and OM&A expenses are provided for: Smart meters, installation costs, workforce automation, collectors, repeaters, installation, computer hardware, computer software, computer software license and installation, activation fees, AMI interface to CIS, professional fees, integration, and program management.