A service node performs computational tasks or other operations on behalf of a meter or other network device. A meter may collect data regarding electric parameters associated with an electric distribution network. When analysis of the collected data is required, the meter may determine that it requires the resources of a service node. The meter may send a request to a directory node to identify a service node or it may send a request seeking a service node. The service node performs the analysis and sends the results of the analysis back to the meter. The service nodes supports the dynamic distributed processing of analytic services.