Thirty-three million smart E-Meters were produced in 2013, with a 20.7% Compound Annual Growth predicted through 2017. Electric utilities are demanding more smart functionality from E-Meters. Time-of-day usage tracking, power quality monitoring, real-time communications and tamper-detection sensors and alarms are all now standard requirements. This new functionality requires new components, including additional nonvolatile memory, resulting in higher Bill of Materials (BoM) cost and power consumption. Smart E-Meter BoM, cost, and power consumption are key design parameters. High demand for Smart E-Meters has increased competition and utilities demand low-power Smart E-Meters to meet regional regulatory requirements. The customer requires low-cost and low-power nonvolatile memory solutions.