The cost of a smart meter varies by state, distributor, property and the reason for installation. In some cases, a retailer or distributor may install or upgrade the meter at no upfront cost, while other situations can involve an installation, connection or service fee. Ask your energy retailer for a written estimate and check whether any ongoing metering charges will appear on your bill. Your distributor controls the installation requirements, so the final price should be confirmed with the retailer or distributor before work begins.