Meterbasert
Meterbasert is a Norwegian term used to describe systems, processes, or pricing that operate based on measurements collected by meters or sensors. The term is formed from meter (measurement instrument) and basert (based). It is used in a variety of sectors to emphasize that decisions or charges depend on actual measured data rather than estimates or fixed rates.
In practice, meterbasert approaches are common in utilities, where electricity, water, or gas consumption is billed
The adoption of meterbasert systems can improve accuracy, efficiency, and fairness by aligning costs and actions
Terminology note: in Norwegian, målerbasert is generally used for the same idea, and meterbasert is often encountered