This paper provides detailed and useful information on Smart Metering for Electric and Gas Utilities. Useful guidelines with relevant issues especially regarding implementation have been clearly identified and discussed. Cost benefit analysis and support from Oracle have also been quite interestingly put forth. However, the reviewer suggests that involvement and discussions with organizations such as ISA, IEC, IEEE, IET, etc. and many other MNC manufacturers, Worldwide Solution Provider Companies, shall be useful in further enhancement and further generalization of the paper to increase its spread.