A meter base is an enclosure that protects an electric meter from the elements, keeping wires and electrical connections dry. It is usually outside. It is placed between the utility company’s wires and your home’s electrical system. The local power company utilizes and provides the electric meter inside the base, and the homeowner has responsibility for all equipment attached. The utility has the responsibility for supplying power up to the point of attachment. The meter calculates the amount of electricity that passes through it.