Smart meters replace conventional electricity meters, and they monitor power consumption of the property, providing near real-time insights to you and your energy retailer. Although there might be slight differences between smart meters, at their core all smart meters function in the same way – they record and transmit energy usage data to your authorised energy retailer in Sydney so that it enables them to measure the amount of electricity you use and accordingly generate power consumption bill.
Using smart meters has many advantages for customers and energy retailers. Smart meters have the capability to save money on your energy bill, as well as, enhance the level of service your energy retailer can supply, assist with a smooth transition to an off-peak electricity pricing plan and they are one of the more effective ways to monitor your energy usage.
Besides, being able to possibly save you money and provide you with access to real-time use tariffs, there are other good advantages that you can get when opting for smart meters, which includes:
1. Detecting faults & outages in the service
Due to your smart meter’s uninterrupted 2-way dialogue between your property and your energy retailer, it can also aid your energy supplier to swiftly detect the faults in the service, if any. This lowers the downtime and aids streamlining the re-connection process in the event of a blackout, making sure your energy distributor can get your power restored and running again at the earliest instant possible.
2. Control smart appliances
When you install a smart meter, you can set time for each of your smart appliances as to when they should start, or turn them ON remotely and control your property’s energy consumption.
3. Manual meter readings are no longer required
The main function of a smart meter is to send your home’s energy intake levels to your electricity supplier. The Department of Industry, Innovation and Science observed that households with smart meters don’t have to pay for periodic manual readings.
4. Conveying vital updates to customers
Did you know that a smart meter can also operate as a simple messaging device? For instance, your energy retailer can easily send out public warnings such as major power outages in your locality and an approximate time to restore it.
5. Disconnection & re-connection is easy when moving house
Smart meters can remotely execute some of the vital tasks on behalf of your energy distributor like connecting and disconnecting your energy when you’re moving between houses. This makes moving house speedier, cost-effective and hassle-free because your meter is read daily – this means you don’t have to wait weeks or months to switch to a new energy supplier/ retailer. Thanks to smart meters, fees for disconnection and re-connection have been slashed considerably.
6. Allows You to Check Your Energy Consumption
With web portals and in-home displays, a smart meter allows you to check your energy consumption in real time, giving you better control over your use pattern. For instance, it will help you to ascertain the best times when you can use your high power-gulping appliances optimally and thereby shield you from getting a heavy energy bill. In addition, you can set up your smart meter to obtain warning messages for excessive energy consumption. Moreover, if you’re using solar energy alongside, a smart meter can monitor the percentage of solar-power you’re using compared to the mains energy, and accordingly, alter your usage patterns to make most of your solar panels.
Indeed, there are abundant advantages to installing a smart meter in your home! If you decide to make the switch today, right away contact a reputed level 2 service provider for a smart meter installation.