Millions of UK residents grapple with the challenge of paying energy bills, but gaining a clearer understanding of energy costs can provide much-needed control. One effective way to achieve this is by using a smart meter.
What Are Smart Meters? Smart meters represent the latest innovation in gas and electricity metering, replacing traditional meters. Energy suppliers install these devices at no additional cost to consumers.
Advantages for Residents Smart meters automatically and securely transmit readings to energy suppliers, eliminating the need for manual readings. This ensures accurate billing, so households only pay for the energy they actually use.
The in-home display provided with smart meters allows residents to monitor energy consumption in real-time, helping them identify high-usage appliances and discover potential savings—all while maintaining comfort and warmth.
For those on prepayment plans, the in-home display indicates remaining credit and any outstanding debt. Topping up is more convenient through an app or online, though traditional top-up methods at local shops remain available.
Smart meters also simplify the process of switching energy suppliers and accessing flexible tariffs, which offer different rates based on the time of day energy is used.
Advantages for Landlords Smart meters negate the need for in-person meter readings, and can often diagnose issues remotely. From a safety standpoint, gas appliances are checked during installation, reducing the risk of carbon monoxide poisoning.
The smart meters also played a crucial role in the Energy Bills Support Scheme, where funds were directly credited to smart meter accounts, sparing residents the hassle of redeeming vouchers.
Beyond household benefits, smart meters are integral to the future of Britain’s energy infrastructure. They form part of a smart grid, where generators, networks, households, businesses, and smart devices communicate, enhancing the system’s flexibility and efficiency through real-time data.
Additional Information A common misconception is that renters cannot get smart meters. If the energy bill is in the tenant’s name, they can opt for a smart meter. However, it’s advisable to inform landlords before installation.
While some property types, such as high-rises with multiple meters, might temporarily face installation challenges, new technology is being developed to support these cases, with rollouts expected soon.
Smart meters not only offer precise billing and greater energy usage insight but also represent a step towards a more efficient and flexible energy system for the future.