Yes. These metering devices communicate using low-power, wireless signals that are similar or weaker in strength than those created by common consumer devices like cell phones, baby monitors, cordless phones and Wi-Fi routers. These new meters emit only a fraction of the power identified in the Federal Communications Commission (FCC) guidelines for safe RF energy exposure.
RF fields from advanced meters have been studied and found to emit very low fields and then only intermittently. There are no known adverse biological effects from these small fields. To provide some perspective, under typical operating conditions, an individual meter would transmit for approximately 45 minutes over a 20-year operating life. This should provide significantly less RF exposure than a single cellular phone call of the same length.