3 Things Everyone Should Know About Smart Meters

 

The most often asked thing by UK energy consumers is about smart meters. We've listed the three things everyone should know about smart meters below, but before we get into the details, let's cover a few basics .

 

What are smart meters?

Smart meters are gas or electricity meters that send information about your energy consumption to your supplier over the Internet and make manual meters superfluous. They also show information about how much energy you used and when, so you can find ways to reduce energy use and hopefully lower your bills.

 

Who pays them?

We all pay for the installation of smart meters through our energy bills. The benefit is that there is no direct cost if you have one installed.

 

What has happened so far?

The government has started a two-stage program for smart meters. The first generation of smart meters (called SMETS 1) are installed till mid-2019. Unlike the second generation of meters (called SMETS 2), the first generation meters generally do not offer the same function for different energy providers.

 

Most vendors are installing SMETS2 meters. If you own a smart meter and you are not sure which version it is, please ask your current supplier.

 

The 3 things you need to know about smart meters

 

1. Whatever type your smart meter is, you can change it at any time

While first-generation smart meters tend to lose some of their smart functionality when you switch vendors, that doesn't mean you can't. The main effect is that you have to deal with hand counters multiple times over a period of time. But that won't take long either: the government is currently working on a remote upgrade of the SMETS 1 meters to work with all providers, then your meter will go "smart" again. If you have a second-generation smart meter, you are good to go.

 

2.  It’s not mandatory to have a smart meter if you don't want one

While the government encourages every home to have smart meters, you don't have to have one if you don't want one. This could only change if your current meter needs to be replaced in the future and by then it has become difficult to find parts for "traditional" meters, in which case your supplier has no other choice.

 

3. No need to reset the smart meter when changing

Since your current vendor offers smart meters, many assume that if you change, they will need to reset them. In fact, your supplier is only responsible for maintaining the meter while you draw electricity from it. If you change providers, your new provider will be responsible for the meter.

 

If you have any questions about smart meters that we have not answered, please contact us by email or visit our website www.committediutilitysolutions.co.uk. If you are looking out to switch to the best business electricity supplier and get the best energy deals in UK call us at +44 0203 9781422 / 7444 342305.

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