In 2009, the new Smart Meter gadget was released with the
aim of scrapping estimated bills and providing consumers with a more accurate
Since then Smart Meter technology has developed, but with
people voicing their opinions and with mixed reviews surfacing, we decided to
really look in to whether the Smart Meter is a blessing or a curse in your home.
According to MoneySavingExpert,
there were 11 million gas and electric smart meters installed by the start of 2018.
By 2020, everyone in England, Scotland and Wales will be offered one
free of charge, but what does the smart meter actually do and what do you need
to do to get your own?
Traditionally, residents take meter readings directly from
their gas or electricity meters and relay this information back to their energy
supplier, or they may even have an employee of their supplier come in to their
home to take readings.
This would be the biggest change as this kind of
information would be automatically submitted for you, with real time figures.
This will also scrap your estimated bills, which you may
have been told by your supplier typically evens itself out across the year, with
particular months seeing a spike in usage in comparison to other months, such
as during Winter.
With a Smart-Meter, you only pay for what you use.
According to Government guidance, all customers will be able to benefit from a Smart Meter, with
those residents who have a pre-paid system being offered more flexible ways of topping
up with the idea of eliminating the need to visit your local shop.
So, let’s weigh up the pros and cons:
So we don’t have to nip out in our slippers to read the
meter, or have a stranger come in to our homes to read if for us, BUT there’s
actually very little evidence so far to suggest that Smart Meters will save
energy or money.
But, Smart Meters
don’t necessarily mean an end to estimated bills as you are still encouraged to
pay your bill annually which requires a bill estimation.
The Smart Meter allows you to see what appliances in your
home are responsible for using the most energy but it may actually make it
difficult for you in the long run if you decided to switch suppliers.
because the smart meter can lose some of its functionality and different energy
suppliers are currently installing a range of systems that aren’t always compatible.
However, we are reassured that this is a temporary measure, and energy suppliers have been encouraged to work
together so that there will be no issues if a householder chooses to switch
Overall the process of switching should be improved by the Smart
With very little factual evidence to go by, it seems that
the Smart Meter is not for everyone.
YES Energy Solutions is dedicated to
reducing Fuel Poverty and reducing the effects of climate change, so we’ll be
keeping a close eye on the smart meter rollout and whether it can really offer
residents a reduced fuel bill.
We'll also be keeping an eye on changes
that can be made in the home such as switching appliances off at the mains.
If you are interested in finding out when you will be able
to have a Smart Meter installed in your home, you can find information
regarding the current status of your energy supplier’s Smart Meter rollout and
when they are likely to be available to you