Smart Meters are expected to occasionally fail catastrophically while analog meters do not have that failure mode. This was the information presented by an industry representative at a recent conference sponsored by the Edison Electric Institute (EEI).
Similar revelations have led this website to write articles such as:
Tom Lawton, a representative of TESCO The Eastern Specialty Company, gave a presentation that included the slide shown below. TESCO is an electric meter testing equipment and services company.

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