Why do water meters need to be replaced?

Many of the water meters are over 20 years old and have exceeded their useful life. Water meters and their registers often lose accuracy as they age resulting in lost revenue and unaccounted for water loss that exceeds industry and regulatory standards.

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1. Why do water meters need to be replaced?
2. My meter works fine, does it have to be upgraded?
3. How does the new meter reading system work?
4. Who will install the meter?
5. Will the installer need to come inside my house?
6. What will the installer do inside my house?
7. What if I am a tenant and do not own this property?
8. How long will the meter installation take?
9. Will the timing of my water bills change?
10. Do I have to be home for the process?
11. How do I know that you have my reading and not someone else's?
12. How do you know that my reading is accurate?
13. How do I know if higher usage may be a result of a leak in my plumbing system?