A meter for measuring electricity

Currently, the meter is on the house...feeding off the house, is a wire that feeds the workshop..I would like to accurately know the usage in the shed..so that I can separate the two. One figure for house, and then the shed meter could be subtracted to get the two totals. Is there a way to do it? And yes, I have an appt. with local electric company (Wednesday) to discuss putting a separate altogether meter on the shed..but I am exploring all the options. (if they ix-nay) Maybe an underground feed..etc. Eventually, I want to be able to make these two separate, income producing buildings. Perry Thanks.
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http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&categoryP963&item8646073 08&rd=1&ssPageName=WDVW
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Thanks, Bob. But the Ebay link was invalid. Perry

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Try this one then:
http://tinyurl.com/5dhjr
Rich

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A clamp on meter will let you measure the current flowing in a wire, without cutting it. Said meter will measure volts as well. Then you can measure the actual current flow in individual circuits.
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Information given is insufficient to give an meaningful answer.
Rate structure, demand, time of day, all figure into the type of equipment needed.
Utility grade metering is pricey at best. (I install these for customers). Provide specific information about the need and I can provide a bunch of sources for you to view.
Your simplest project may be to install an meter base and purchase a meter like what is on your home. I have seen rebuilt 5 jaw meters for as little as $50 bucks. If you have a 7 jaw then they are much more.
I will bet that your utility will shoot down the "other meter" unless there is a huge load out there and then your in for a shock. My local utilities, 99.8% of the time allow only one meter on a residence. I do know of 2 people that have separate meters on their shops. The meters are 3 phase and there is more than 100 kw of load in each building.
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