We have three of the new smart meters, they do not have teh ability to shut off power.
I didn’t say they can shut off your power, but they can throttle it. You’ll receive a notice in the mail or by phone that you’re reaching some arbitrary limit for “green” use, and they’ll advise you to set your thermostat to a specific temperature, buy energy efficient appliances, etc. If you don’t comply, they’ll jack up your rates using a new sliding scale they’re developing.