Smart Meters & You
The smart metering initiative
In 2014, the UK government announced ambitious plans to ensure that every home and small business should be offered a smart meter – at no extra cost to the consumer – by the end of 2020. In 2019, the roll out of smart meters was extended to 2024.
This initiative is designed to lower energy usage, encourage renewable energy generation and tackle global warming.
The future is smart
Smart meters are a key part of the plan to update the existing national grid – the network for gas and electricity transmission – into a smarter, greener grid fit for future generations.
Smart meters allow the accurate, real-time measurement of energy across all parts of the network, which helps to balance both supply and demand, optimising the service for consumers.
What is a smart meter?
Just like a traditional gas or electricity meter, smart meters measure energy use over time.
Smart meters however are the next generation of energy meters, communicating real-time energy usage to your energy supplier.
It means that you can keep track of how much electricity or gas you are using and identify ways to make energy savings.
Smart meters are a great way of keeping on top of energy costs, as they show you just how much your appliances are actually costing you to use.
What can a smart meter do for you?
- A smart meter is the next generation of a gas and electricity meter that can digitally send meter readings to your energy supplier for more accurate energy bills
- Smart meters come with in-home displays so you can better understand your energy usage. This display gives the household real-time usage info, including kWh use and cost
- Every home in Britain should have been offered a smart meter from their supplier by the end of 2024.
- Smart meters put consumers in control of their energy use, allowing them to adopt energy efficiency measures that can help save money on their energy bills and offset price increases
What smart meters mean for everyone
Smart meters will bring Britain’s energy generation and distribution system into the 21st century.
They will help the nation to conserve energy which, in turn, benefits the environment.
They are able to supply more reliable, efficient and low-carbon energy with better management of valuable energy resources.
In partnership with the national grid, smart meters will support emerging technologies such as fridge-freezers being able to shut off for short periods at peak times; washing machines and dishwashers being able to make use of off-peak tariffs and electric vehicles which will help us to meet our climate goals.
If the whole nation had smart meters installed, we could save the same amount of energy as it takes to power every household in Aberdeen, Cardiff and Manchester for a year.