A national upgrade scheme is underway to install a smart meter in every British home and small business by 2020.
What is a smart meter?
Smart meters automatically send electronic readings to your energy supplier and provide real-time information on how much energy you’re using and how much it is costing you.
Smart meters are not to be confused with smart thermostats, which offer increased control over your home heating.
How does a smart meter work?
Whether your smart meter will use wireless technology or not will depend on the type you have installed, however the basic functionality will be the same.
Homes that have smart meters installed won't need to submit regular meter readings as they'll automatically be sent to energy suppliers.
Why should I get a smart meter?
New smart meters have three main benefits:
Smart meters’ ability to talk directly to energy suppliers means the end of estimated bills. With a new smart meter, you’ll only pay for the energy you use.
With a new smart meter you no longer have to submit meter readings yourself or wait for an engineer to come to your home.
New smart meters provide a real-time data display which can help you understand your usage and how much it's costing you.