Can smart meters save you money on your bills?
Smart meters are the new generation of gas and electricity meters. They are being installed in homes across Great Britain at no extra cost, to replace the traditional meters. There are plenty of gadgets that can help control energy use, but smart meters are different because:
• they an only be installed by an energy supplier
• they show exactly how much energy you’re using and what it’s costing, in near-real time in pounds and pence
• they send accurate meter readings to your energy supplier, so no more estimated bills or manual meter readings
With your smart meter, you’ll always be able to keep track of exactly how much gas and electricity you’re using in near real time, and what it costs in pounds and pence. This means you can be confident that you're only paying for what you have actually used and you'll always know what to expect in your next bill, so no more nasty surprises.
How will a smart meter save me money?
Smart meters make it easier for us to identify the situations where we're using a lot of energy and might want to make changes to reduce it.
If you use the information shown on your in-home display to help reduce your energy use, you should be able to cut your energy costs. You will be able to work out which appliances in your home are using the most energy and make changes to save money. Smart meters also mean accurate bills, so you can be confident that you're only paying for what you've actually used, rather than overpaying, as you sometimes do with estimates.
When can I get a smart meter?
Everyone in Britain will be offered a smart meter by their energy supplier by 2020 as part of a national upgrade to our energy system. Contact your supplier to find out more or visit Smart Energy GB.
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