"Smart" electricity meters put an end to the phenomenon of power theft, which increased twenty times in the last 15 years.
Although the HEDNO points out that the recession due to pandemic period 2020 – 2021 may create obstacles in the effort to reduce theft, however the Energy requlator authority considers that "large-scale replacement of end-of-life meters with 'smart meters' is expected to have a direct positive impact on the detection and removal of burglaries carried out by interfering with the meter and generally in active services".
This follows from her decision Energy Regulatory Authority (RAE), which approved its regulated revenue Network Administrator for the period 2021 – 2024, decision taken while the process is in the final stages of its sale 49% of HEDNO shares by the parent PPC.
RAE poses, also, financial incentives / disincentives to HEDNO linked to results in battle to curb theft.
According to the information contained in the decision, the "non-technical losses" of the network, that is, power theft, show an increase of 0,2% (2003-2004) in 1,1% (2011-2013), 3,9% (2015-2016) and 4,4% (2018-2019).
According to RAE, based on the cash replacement program proposed by HEDNO (practically start it 2022, completion of 2030) It is predicted that street thefts will decline in 2031 to its levels 2003-2004 (0,2%).
While the total losses (which include those that are not due to theft but to technical parameters) will decrease at an average rate 5,1% the period 2020-2031.
According to the decision, the allowed income of HEDNO is set at 776 million. euros for this year, 781 million. the 2022 and 2023 and to 804 million. the 2024.