There's no difference
infact local meters are 100% accurate
lesco, mepco, iesco etc are already using single/3 phase meters manufactured by Pel, microtech industries, Vertex electronics, transfopower industries etc
Recently I got sonoff device for energy monitoring
This one
It's made in China
so it has nothing to do with local single/3 phase meters
To my surprise, the device was showing same stats as vertex and transfopower meters, not even 0.1% difference, even as low as 11 watts were the same on the device and meters
So no need to worry