Dive Summary:

• The utility, which has installed 186,000 meters since March, has temporarily postponed their ambitious effort as a result of not only the house fire, but also 14 other instances of the devices overheating.
• Peco has already investigated six of the 15 incidents and found “preexisting” problems with the wiring connected to the meters, not with the new device itself.
• Peco is installing 600,000 new meters by next year as part of a $650 million program to upgrade its distribution system.

From the article:

Peco Energy Co. on Wednesday suspended its ambitious smart-meter installation program after 15 of the electrical devices overheated, including one that set fire to a home in Bucks County.

The utility, which has installed 186,000 devices since March, said it has temporarily halted the project to investigate the cause of the malfunctions. ...