Smart Meter Technology to Roll Out in 2024! What is it all about?
What is smart meter technology?
A smart meter is a type of meter that measures gas and electricity and digitally sends the meter readings to your energy supplier for accurate energy bills. Smart meters come with in-home displays so that you have a better understanding about your energy consumption. Simply put, they are a replacement for standard meters, which makes use of traditional technology and need households track their own readings and submit them to the suppliers to get accurate bills.
How do Smart Meters Work?
Smart meters use a secure national communication network to automatically and wirelessly send your actual energy consumption to your supplier. This clearly means that households having smart meters don’t need to depend on estimated energy bills or have to provide their own regular readings. Smart meters come with an in-home display that gives every household with real-time usage info, including kWh use and the cost associated with it.
Benefits of Smart Meter Technology
- Accurate Bills
Smart meters exemplifies the end of estimated bills, putting an end to remember to provide meter readings and allowing a stranger come into your home to read your meter.
- Good understanding of your Energy Usage
With smart meter display coming into play, you can witness the direct impact your lifestyle and habits have on your energy bill. This is especially useful to prepayment meter customers, who can better track how their energy consumption influence their available credit. Therefore, by making energy usage easy to understand, you can make smarter decisions to save energy and money.
- Unleashing Britain’s energy system into the 21st Century
The future is smart, and smart meters are definitely a part of the effort to create a smart grid, which is part of creating low-carbon, efficient and reliable energy to the Britain’s houses.
- Innovative Energy Tariffs
When suppliers will have a better understanding of energy consumption patterns, more innovations can be easily made to different types of tariffs they come up with.
How Smart Meters can save you Money?
A smart meter itself would not save you nay money. However, the extras your smart meter will come with can offer much valuable insight into how you can lower your energy bills.
The smart meter display enables you to see how much energy you are consuming at different times of the day, week, month, or year, which could further help you cut your energy consumption and also your bills by showcasing the ways you can be more energy efficient. Moreover, many are also of the opinion that the technology will result in the creation of innovative new tariffs and personalized plans individually tailored to suit your lifestyle and energy consumption.
Safety of Smart Meters
According to BEIS, all smart meters are subject to the same safety regulations and testing of any in-home technological devices. Smart meters are also covered by EU and UK safety legislation, which means that they have gone through rigorous testing. According to Smart Energy GB, smart meters used in Britain every UK and EU based safety standard.
Smart meters Technology emit low radio frequency emissions like the other wireless devices. These enable energy suppliers to accurately track household energy consumption and will put an end to the estimated bills. According to Public Health England (PHE), the exposure to low frequency radio emissions from smart meters is much lower than it is emitted by various appliances like microwaves and televisions.
However, if you have solar panels installed in your house, make sure your energy supplier knows about it when they contact you about the smart meter installation.