The Smart Meter – What You Need to Know

The UK plans to install a smart meter in every home by 2020, and it’s likely the case for Australia and other countries as well. Since you’re bound to get one, it is essential you learn what a smart meter is and what difference it will make concerning your energy usage and bill.

Overview and Function

These smart metering devices are dubbed as “next generation” technology, and are designed to replace your current meter. There are many advantages provided by these meters, but the most important is the reading is automatically sent to your power supplier. These devices also have displays that generate real time feedback so you as a customer can see the amount of energy you are using and how much it is costing you. There are different kinds of smart metering devices so knowing what a smart meter is is important, but the most common are electrical and gas powered meters.

Smart metering devices work by interacting directly with your power supplier so both customer and company have access to precise data, and this removes the need to read the meter yourself. However, the way these metering devices work varies depending on what technology is used. For instance, it isn’t uncommon to see them use wireless technology for data transfer. Behind the technological jargon, they provide real benefits for customers, including accurate billing. Unlike inaccurate analogue devices, smart metering will mean the end of inaccurate billing and overpaying for your energy consumption.

What Smart Metering Devices Can Mean for Consumers

By using smart meter qld and similar devices, there’s no longer any need for someone from the power company to come to your home to do a reading, and it provides greater oversight and allows customers to better manage their energy usage.  The device itself will not produce savings, but with the information you get you’ll be in a better position to manage energy consumption. In addition, the real time data will give you insight as to why your bill is high or low.

Smart meter qld devices also have a detailed display so you can see how much energy you are consuming regardless of the time of day, and you can also calculate, using the data, how much energy you are consuming in a week, month or year. For customers keen on managing their power usage, a smart meter will be indispensible.

However, the potential of these metering devices does not end there, since it can also lead to the creation of personalized power consumption plans as well as implementing of new tariffs. Though the technology is still new, there are energy suppliers that are offering it, and the response has been positive.

The smart meter device will be provided by your power / energy supplier, and they will also be responsible for the installation. As the technology becomes more widely available, countries like Australia and the UK have begun enacting laws to protect costumers. But besides offering protection, energy suppliers will also be the ones to explain to customers how these devices work and how a household can utilize the information to enhance their use of power and energy.

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The Author

I took an interest in the Australian energy sector close to ten years ago and since then have monitored the trends, technologies and direction of the Australian Energy Market. I was drawn to the Australian solar market in 2008 and since then have worked heavily in the field. I am partnered with national and international solar energy companies, from manufacturers of solar panel and inverter technology, online software developers that introduce tools to quote, monitor and manage solar power systems and media organisations who like myself, closely monitor the solar and renewable energy sector.

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