National Meter Industries

What National Meter Industries does

National Meter Industries, Inc. (NMI) is a Bedford, New Hampshire-based manufacturer founded in 1992 that designs, assembles, and markets the WATT WATCHER series of microprocessor-based electric sub-meters, power quality analyzers, AMR systems, digital instrumentation, and renewable energy (solar/wind) meters. The company's product catalog spans surface mount meters (KCVM series), panel and DIN-rail power analyzers (CVM and QNA500 series), control devices (MDC, LM, EDS lines), a broad range of current transformers and shunts, power factor regulators, and earth leakage protection devices, with supporting software (PowerStudio Trending, Reading & Billing V 2.0) and communication accessories (RS485-USB, TCP2RS Modbus converters). NMI sources the underlying technology platform through a long-standing partnership with CIRCUTOR of Barcelona, Spain, which also provides international distribution reach.

The company serves five primary customer segments — End-Users (property owners, managers, and building operators), Electrical Engineers, Electrical Contractors, Mechanical Contractors, and Electrical Distributors — by providing custom-quoted, project-based metering solutions with engineering support, design-build assistance, and unlimited telephone and internet support. Revenue is generated through four streams: one-time hardware sales of meters, transformers, analyzers, and control devices; one-time software licenses; engineering and professional services bundled with specification work; and recurring monthly third-party meter reading and billing for electricity, gas, and water consumption, delivered through wholly-owned sister company Meter Service Provider, Inc. Pricing is opaque and quote-based under multi-year contracts.

NMI is a privately held, family-controlled business led by Stephen A. DeBeradinis (President, Sales/Marketing and Business Development) and Donald L. DeBeradinis (Vice President and Chief Technology Officer), with 1–10 employees reported in firmographic data. There is no evidence of external investors, funding rounds, or public listing, and the company's market position is best characterized as a niche, relationship-driven supplier in the US electrical sub-metering channel with an indirect international footprint via CIRCUTOR.

Name

National Meter Industries

Legal name

National Meter Industries, Inc.

Website

https://national-meter.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1–10 employees

Short description

National Meter Industries is a Bedford, New Hampshire-based manufacturer founded in 1992 of the WATT WATCHER series of microprocessor-based electric sub-meters, power quality analyzers, current transformers, and renewable energy meters, serving property owners, electrical engineers, contractors, and distributors in the US sub-metering market.

Ownership category

akta.pro rank

Product category

Electrical Sub-Metering Equipment

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Metering & Grid Measurement (Smart Meters, CT/VT, PQ Meters) (IMAGAAAH)

Keywords

• Sub-metering equipment
• Power quality analyzers
• Electric current transformers
• Demand control devices
• Meter reading software

Headquarters

HQ city

Bedford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Metering Hardware Sales: Sale of sub-metering equipment including surface mount meters, power analyzers, control devices, current transformers, digital instrumentation, portable power analyzers, power factor regulators, earth leakage products, and renewable energy products
2. Software Licenses and Subscriptions: PowerStudio Trending Software for all meters and Reading & Billing V 2.0 Software for Series 3000 & 4000 Meters
3. Engineering and Professional Services: Design build applications, detailed quotes with individual line item pricing, spec packages with specific drawings, ganged meter enclosures, installation support, and unlimited telephone and internet support
4. Third Party Billing Services: Monthly billing of all tenant electric, gas, water sub-meters through sister company Meter Service Provider, Inc.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

National Meter Industries, Inc. (NMI) designs, manufactures, and markets the WATT WATCHER Series of microprocessor-based electric sub-meters, power quality analyzers, AMR systems, digital instrumentation, renewable energy (solar/wind) meters, current transformers, control devices, power factor regulators, and earth leakage products. The company also sells companion software (PowerStudio Trending, Reading & Billing V 2.0) and provides engineering services plus third-party meter reading and billing services for tenant electric, gas, and water sub-meters through its sister company Meter Service Provider, Inc.

Product overview

National Meter Industries offers a comprehensive portfolio of energy metering and monitoring equipment under the 'WATT WATCHER' brand, including Surface Mount Meters (KCVM-C11, KCVM-C4, KCVM-C11-ETH), Power Analyzers (CVM-C5, CVM-NET4, CVM-C10 SERIES, CVM-1D SERIES, CVM-B SERIES, CVM-BD/BDM SERIES, CVM-MINI SERIES, CVM-NRG96 SERIES, CVM-NET SERIES, CVM-A1500, QNA500 SERIES, CVMk2 SERIES), Control Devices (LM4I/4O-M, MDC-20, LM4A-2IO-M, MDC-4, LM50-TCP+, EDS SERIES, LM25-M, EDS-3G SERIES, DH96CPP SERIES, DataBox), Current Transformers (LX400, TC SERIES, 5RL, 7RL, 19RL, STP-24 SERIES, TI-420, TCB-420, TP SERIES, WC-4, WC-5, WC-2, WC-6, 500 SERIES, 189 SERIES, 60 mV DC SHUNTS), Digital Instrumentation (DHB SERIES, DM45 SERIES, DC B SERIES), Analog Transducers (C-CONVERT SERIES, CE-CONVERT SERIES), Portable Power Analyzers (MYeBOX SERIES, CIReQ, CIRe+ SERIES, CIRe3 SERIES, AR6 SERIES), Power Factor Regulators (COMPUTER MAX PLUG AND PLAY SERIES, DIR2, COMPUTER SMART III SERIES, COMPUTER MAX F SERIES, COMPUTER SMART III-FAST SERIES), Earth Leakage Devices (WGC-TB SERIES, WRN SERIES, WGC SERIES, WRU10 SERIES, WGB-35-TB SERIES, CBS4 SERIES, IDB-4 SERIES, RGE SERIES, RGU10B, RG1M SERIES, RGU2 SERIES, RGU10 SERIES, WGBU SERIES), Renewable Energy devices (CDP-DUO, CDP-G, CDP-0, PV-MONITOR SERIES, TR16 SERIES, TR8 SERIES), Software (READING & BILLING V 2.0, POWERSTUDIO TRENDING), and Communication Accessories (RS485-USB CONVERTER, TCP2RS MODBUS converter). The company provides engineering services, design-build applications, and third-party billing services through sister company Meter Service Provider, Inc.

Differentiator

Problem solved

Functional benefit

Brands

• WATT WATCHER: Series of microprocessor based electric sub-meters manufactured by National Meter Industries for energy monitoring and metering applications.

Products and services

• Surface Mount Meters (KCVM-C11, KCVM-C4, KCVM-C11-ETH) Surface mount power quality analyzers and electric sub-meters for power quality measurement and analysis, including an Ethernet-enabled model, targeted at commercial and residential sub-metering applications.
• Power Analyzers (CVM Series and QNA500 Series)
• Control Devices (LM, MDC, EDS, DH96CPP, DataBox)
• Current Transformers (LX400, TC, 5RL, 7RL, 19RL, STP-24, TI-420, TCB-420, TP, WC, 500, 189, 60 mV DC Shunts)
• Digital Instrumentation and Analog Transducers (DHB, DM45, DC B, C-CONVERT, CE-CONVERT)
• Power Factor Regulators (COMPUTER MAX Plug and Play, DIR2, COMPUTER SMART III, COMPUTER MAX F, COMPUTER SMART III-FAST)
• Earth Leakage Devices (WGC-TB, WRN, WGC, WRU10, WGB-35-TB, CBS4, IDB-4, RGE, RGU10B, RG1M, RGU2, RGU10, WGBU)
• Renewable Energy Devices (CDP-DUO, CDP-G, CDP-0, PV-MONITOR, TR16, TR8)
• Software and Communication Accessories (Reading & Billing V 2.0, PowerStudio Trending, RS485-USB Converter, TCP2RS Modbus Converter)
• Third Party Meter Reading and Billing Service
• Engineering and Professional Services

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• CIRCUTORcoreTechnology or IntegrationCIRCUTOR of Barcelona, Spain is a key vendor/partner of National Meter Industries. NMI, along with CIRCUTOR, has achieved global presence and recognition in offering equipment to be considered the Total Solution Provider. CIRCUTOR provides the technology foundation for many NMI products including power analyzers, control devices, and metering equipment.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• ABB: ABB provides a broad metering and power quality portfolio (e.g., M4M meters, EQ meters, PQA analyzers) within its electrification and motion businesses. It targets the same end-users and engineering-spec channels as NMI but at much greater scale and with integrated switchgear and digital offerings.
• Schneider Electric: Schneider offers PowerLogic sub-metering, power quality analyzers, and energy management platforms as part of its broader electrical distribution and building management portfolio. Its sub-metering lineup overlaps NMI's products but is bundled into a much wider portfolio of switchgear, building automation, and software.
• Siemens: Siemens' SENTRON and SICAM metering and power quality product lines compete against NMI in commercial and industrial sub-metering. While broader than NMI's specialty portfolio, Siemens is a frequent alternative specified by the same electrical engineers and contractors that NMI sells to.
• Eaton: Eaton's Power Quality and metering portfolio (including sub-meters and IQ analyzers) competes for the same commercial/industrial sub-metering opportunities as NMI. It bundles metering into a much broader electrical and power management catalog.

Direct peers

• Carlo Gavazzi: Carlo Gavazzi manufactures power analyzers, energy meters, current transformers, and related control products very similar to NMI's WATT WATCHER portfolio. It serves the same electrical contractors, panel builders, and end-user sub-metering applications across global markets, making it a closely comparable specialty metering vendor.
• Accuenergy: Accuenergy designs and manufactures power meters, power quality analyzers, CTs, and submetering solutions targeted at the same end-users, engineers, and contractors that NMI serves. Its product breadth in panel-mounted analyzers and DIN-rail sub-meters directly overlaps NMI's core offering.
• CIRCUTOR: Headquartered in Barcelona, CIRCUTOR is the technology and product foundation for much of NMI's catalog (power analyzers, control devices, metering equipment) and is described as NMI's key vendor/partner. It directly competes in power quality analyzers, sub-metering, and current transformers globally, and is NMI's route to international markets.
• SATEC: SATEC (a part of Acron Group) produces professional-grade power quality meters, sub-meters, and energy management software - directly analogous to NMI's WATT WATCHER series plus PowerStudio software. It competes for the same engineering-grade metering procurement in commercial and industrial facilities.

Emerging players

• Hioki: Hioki specializes in power quality analyzers, clamp-on meters, and portable measurement instruments that overlap NMI's portable power analyzer and PQM lines. While its US sub-metering presence is smaller, it is a credible alternative for engineering-grade PQ measurement used in NMI's customer base.
• DEIF: DEIF manufactures power meters, transducers, and energy management devices for marine, offshore, and industrial facilities, overlapping NMI's power analyzers, CTs, and transducers. Its presence in the US sub-metering channel is smaller, but it is a viable comparable for industrial metering procurements.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/user/CIRCUTORcompany
• LinkedInlinkedin.com/company/national-meter-industries-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Meter Industries