Can a Smart Meter Help Me Lower My Electricity Bill?
If you want to know whether you should install smart meters or not, then read on. Over 22 million families (around 40%) have a smart meter installed today. If your family is not one of these, then the chances are that your electricity supplier will have approached you (or maybe approaching you again) to encourage you to upgrade to smart meters.
This is because the government
has been told by regulatory bodies that electricity suppliers must take ‘all feasible steps’ to fit out smart meters in households. The reason why this is so important is that it means that they can actually make far more money from people who use electricity as their primary source of utility. From a company’s point of view, they actually benefit when there is far more usage of their product – even if that user doesn’t directly increase revenue!
So how do smart meters work?
Electricity generated by our power supply passes through a digital device known as a sensor. This detects the energy we are using and the amount of electricity being used. This information is fed into a computer which works out the amount of energy needed by a household. It then suggests an electricity supply plan to the utility company – and the customer.
So should you get smart meters installed
if you think you don’t need them? Of course, if you think your electricity usage is low, then no one else really needs them. But even if you think your energy usage is high, then you might want to consider having them fitted in your home. They are extremely beneficial if used in conjunction with energy management systems (commonly known as energy management systems).
How can smart meters be used?
They are most commonly used in industrial settings – especially where there is a need for accurate measurements of energy use. Other places where smart meters are used include schools, public offices, and hospitals. In these settings, they help ensure that the correct levels of electricity are supplied to staff and that patients receive the correct treatment.
Will a smart meter be installed in my home
to help my monthly electricity bills go down? Only you can decide whether or not this is something you would like to do. In general, only those customers whose consumption is exceptionally high could stand to benefit from one installed in their home. However, in many cases, this will not have any significant impact on monthly bills.