The company said the new meters will give customers access to additional energy-saving tools for their homes or businesses and enhance service reliability through better detection of power outages.
The expected cost of the replacement, including the entire related communications and computer system infrastructure, is around $450m.
PPL Electric Utilities vice president of customer services Robert Geneczko said the company’s wants to replace the electric meters that are approaching the end of their life.
"Technology has changed significantly since these meters were installed, and we’re looking forward to the expanded capabilities that will create benefits for our customers," Geneczko said.
The company said charges for the new meters would be phased in over time starting in 2015 and they would then be decreased after the installation period.
PPL Electric Utilities offers electric delivery services to around 1.4 million customers in Pennsylvania.
