Energy consumption meters are associated with owners who hold accounts with a power supplier. The meters are assigned meter identifiers and identifiers for their respective owners. Such a meter may be a parent meter having associated submeters. In response to being plugged into a power source from the power supplier, such a meter reports its owner identifier and meter identifier to the supplier. Also, in response to being plugged into a power source supplied by one of the parent meters, a meter communicates with the parent meter. This establishes that the parent meter is associated with the submeter. The submeter measures energy delivered reports this to the power supplier. Also, the indicated association of the submeter to the parent meter is reported to the power supplier. The receipt of this information enables the power supplier to debit and credit owner accounts in a manner permitting temporary associations of meters.

 
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> System and method for automated debiting and settling of financial transactions

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