Are smart meters accurate?

Because they are digital, smart meters are often more accurate than mechanical meters, which tend to degrade and slow down as they age. Smart meters are subjected to strict design standards when they are manufactured, and Alameda Municipal Power (AMP) tests meters on a random basis both before and after installation to confirm accurate operation.

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1. What makes a smart meter different from my old meter?
2. Are smart meters accurate?
3. How big is the smart meter, and where will it be located?
4. How is Alameda Municipal Power (AMP) paying for the smart meter installations?
5. What will Alameda Municipal Power (AMP) do with the old meters that are being replaced?
6. Will smart meters be installed on solar/net energy metering systems?