Smart meters allow companies to move you to pre-payment without having to install a pre-payment meter, so yes - can definitely have an effect on your incoming powerSmart meters are just an information gathering tool and information is power. Ive heard talk of power rationing in the future but I'm not sure how that works, do these meters have the ability to restrict the amount of power entering a property?
They could be used to implement rolling brown outs at a much more individual level in the event of power shortages as well