A system and method utilizing virtual switching in an electrical panel meter. The virtual switching enables the meter to be upgraded or downgraded through a switching signal, by activating or deactivating the metering functions that are to be performed in the meter. Accordingly, when the upgrade or downgrade is necessary, the meter does not have to be replaced.
CROSS REFERENCE TO RELATED APPLICATIONS
The present application is a continuation application of U.S. application Ser. No. 10/896,489, filed Jul. 22, 2004, now U.S. Pat. No. 7,155,350, entitled "SYSTEM AND METHOD UTILIZING VIRTUAL SWITCHING FOR ELECTRICAL PANEL METERING", the contents of which are hereby incorporated by reference.