How secure is my data and information?

Data from the meters is encrypted and sent through a safe and secure network to the utility databases. The meter system transmits only the water or electric meter readings, the meter identification number, and diagnostic information to verify that the automated meter equipment is operating correctly. Only key authorized utility personnel, such as customer service representatives, can access your account if needed. There is no personal identifying information captured by the smart point or transmitted by the meter.

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1. What does this mean?
2. Why AMI Meters?
3. How secure is my data and information?
4. Is this technology safe for me and my family?