What term describes a system that links an electric meter to a local utility?

The term that accurately describes a system linking an electric meter to a local utility is "smart grid." This term refers to an advanced electrical grid incorporating digital technology to monitor and manage the transport of electricity from all generation sources to meet the varying electricity demands of end users. A smart grid allows for real-time communication between utilities and consumers, enhances energy efficiency, improves reliability, and enables the integration of renewable energy sources.

The other provided terms do not capture the full scope and functionality of a smart grid. For example, "energy conduit" generally refers to any channel through which energy can be transmitted, lacking the comprehensive features of a smart grid. "Utility framework" might suggest a broader organizational structure of utility management but does not specifically address the connection with electric meters. "Power network" similarly lacks the technological emphasis of modern smart grid systems and does not highlight the specific link with metering and utility management.

Thus, "smart grid" is the most precise term in this context, reflecting both the technological integration and the specific relationship between the electric meter and local utilities.