Is it really required to actually read currents to achieve the power measurement? do meters in individual buildings not have interval-flashing LED's for power consumption in the US (I'm assuming the target market is the US)? A flashing LED is neat because you can then use a very simple-to-install adhesive photodiode to count the flashes and radio the results back to some reader (e.g. 1000 impulses per kWh). Doesn't r…
Would nobody bat an eye if you had an electronic device attached to the meter? (especially the guy that comes and does the meter reading)
It's also very rare to have someone come read the meter. Like all other parts of society anything that can be automated at almost any cost has been already. I have had no one read water or power meters for many years.