Results for tag: "Electricity Theft"

Electricity theft is a form of energy theft that occurs when electricity is taken without authorization or payment. It is a major problem in many countries, and can have a significant impact on the electricity industry. It can lead to higher electricity bills for consumers, as well as increased costs for electricity companies. It can also lead to power outages, as well as safety risks for those involved in the theft. Electricity theft is often difficult to detect and prosecute, as it is often done in a clandestine manner. To combat this, electricity companies have implemented various measures, such as installing smart meters, using advanced analytics, and increasing security measures. Companies in the electricity theft market include Siemens, ABB, Schneider Electric, and General Electric. These companies provide solutions such as smart meters, analytics software, and security systems to help detect and prevent electricity theft. Show Less Read more