Limitations imposed by the phase meters used in heterodyne interferome
ters are evaluated. These instruments measure the phase relationship b
etween electrical signals generated by the heterodyning process, allow
ing the interferometers to resolve fractions of an optical fringe. Mea
surements indicate that the phase meters used in currently available h
eterodyne interferometers probably limit achievable accuracy to a grea
ter extent than barriers imposed by the optics. We show that a new cla
ss of time interval counters offers a means of greatly improving accur
acy in these instruments.