WHere you can add a pressure reduction valve will depend on where the water comes into the house or possibly there may be room out where the water meter is. As noted, that meter is your GAS supply...don't mess with it!
You probably have a main water shutoff valve somewhere...first thing is to find that since the PRV would need to go AFTER the main shutoff. You will also want to install an expansion tank or you may be introducing additional problems. Generally, one requires the other.