No, the meter is sealed, which is the benefit of this type of arrangement. The meter just sits attached to the meter on the outside, so it's obvious that nothing is tampered with. Many power companies even sell their own (branded) kits that does this.
It's also very rare to have someone come read the meter. Like all other parts of society anything that can be automated at almost any cost has been already. I have had no one read water or power meters for many years.
In the UK they use estimated readings, primarily it seems as a way to borrow a pretty large amount from their customers - they appear to "estimate" at 20% above actual rates. Evil, but pretty clever.
It's also very rare to have someone come read the meter. Like all other parts of society anything that can be automated at almost any cost has been already. I have had no one read water or power meters for many years.