If the "Smart Meter" push by BC Hydro could have a result like this, then I would support it, at least in principle.
I am not 100% positive that RF radiation is safe but, with the air full of it already, I believe this will only be an insignificant addition. The privacy issue is another matter altogether. We are already being logged, CCTV'd, chipped, swiped, bar-coded, GPS'd, triangulated and having our privacy stripped from us every time we wake up in the morning so I'm really not that happy with some 14 year-old hacker tuning into when I do my laundry or have a shower.
If, however, telling our inanimate and mechanical metering devices to "Smarten Up" was going to allow me to adjust my power usage for optimal efficiency (from my perspective) and even to hang enough PV's on the roof and erect enough windmills on the front lawn to actually save some money and the world at the same time, that would [probably] be good - except for the PO'd neighbours.
Because it is pretty hard to imagine any business enabling this or even allowing to happen right under its nose, I would want to have a closer look however. If this is just to allow BC Hydro to collect data at my expense, I will refuse to have one installed if I can catch them at it.
Let the neighbours laugh because I am the only one on the block with an old and dumb meter, it just seems to suit me better. And, I can always remind them about the noisy windmills and glaring PV panels, maybe even the smell from a possible biogas co-generating set-up and the pigs required to run it . . . . . YEAH!