The monitoring of the power quality helps to lower the energy costs and to prolong the machine's life. Smart metering is such a complete end to end solution which minimizes the several errors and helps in distributing Quality Power. It is an energy policy for consumers to provide them a user friendly face in dealing with utility (especially the Electricity) bills. It provides the users, a Digital Meter which displays the real time power consumption every time in very friendly and detailed format and a website to analyze their consumption and expenses on energy, using different types of graphs, tabulated and manipulated data. It not only comforts their users but also give relief to the distribution company by minimizing power losses by using automatic Power factor maintenance technique, and providing anti-power theft capability. It also gives a control of power distribution through which Distribution Company can limit the user from exceeding usage of power in specific time duration. © 2013 IEEE.