Consumer Advocates Warn households on "Smart Meters" are being cut off
(www.activistpost.com)
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tThey don’t cut power at the meter normally you do it at the step down transformer. Because if you cut it at the meter the person can just bypass the meter. You can buy your own meter on eBay and swap it. Or just use two chunks of large gauge wire.
Sorry. I used to work for electric company. They do send out people to cut it at the meter. You were correct though, someone who knows could (and I have seen) them bypass the meter.