In a distributed meter data management (MDM) system of a smart grid, a network computing device, such as a network router deployed in the field, may receive data from one or more utility meters, sensors, control devices, or other utility data collection devices that are communicatively coupled to the network computing device. The network computing device may process the data received from the utility data collection devices to generate processed data usable by a consumer. The network computing device may also send data to and/or receive data from a centralized control system, MDM system, and/or smart grid analytic applications at a utility central office. The network computing device may then provide the processed data directly to the consumer, with or without first sending the data to a centralized MDM system of the utility.