The Benefits Of Having A Smart Meter

Back to Blog  •  Posted on February 24, 2016 by admin


A smart meter is a device that records your energy consumption. Employing a smart meter system will allow you to view your energy usage data in real-time. Additionally, unlike traditional energy monitors, smart meters can gather data for remote reporting and can enable two-way communication with the energy grid. Therefore, with a smart meter, you can easily find out exactly how much energy you are using over the course of an hour, a day, a week or even for a full month.

The term “smart meter” can refer to a device which measures electricity, natural gas and/or water consumption. Smart meters, which are part of the growing “smart grid,” will digitally send meter readings to your energy supplier – among a host of other functions it can perform. And, as mentioned, a smart meter will allow you to see how and when you are using your energy in much greater detail and at your convenience, which will allow you to make more informed choices about your energy consumption. This useful feedback about your energy consumption will help you to change your consumption habits in order to reduce the possibility of wasting energy.

Smart meters are perfectly designed and well suited for those with an active lifestyle. Now you can monitor your energy consumption and you can resolve many related service problems, including identifying power outages, without requiring somebody having to come and visit you. Here are some smart meter benefits:

1. You will enjoy more accurate bills. Utilizing a smart meters mean the end of estimated bills. No longer will you be overpaying (or underpaying) for your energy!
2. How about some privacy? With a smart meter, no one has to come to your home to ready your meter. Plus, you do not have to submit meter readings yourself.
3. Better oversight and management of your energy use. Now you can see your energy use by month, by day or by the hour, with a real-time data display in your home.
4. Help in dire situations. Two-way communication between your smart meter and the grid will allow your energy supplier to quickly identify outages and resolve other service problems.

Will a smart meter save me money?

Having a smart meter will not save you money on its own. You must utilize the device’s valuable information so that you can make smarter energy choices. This, in turn, could help you cut your energy usage and your bills by giving you insight into ways you can be more energy efficient greater control.

So, why doesn’t everyone have a smart meter?

Obviously, as with anything new, there have been some concerns with the introduction of smart meters. The biggest issue is over privacy. Similar to the problems that are raised regarding phone call metadata, information about an individual or family’s energy consumption can be more revealing than desired. However, as the consumer, you can dictate which data your energy supplier can retrieve from your smart meter and whether or not your supplier can use or share your information for marketing purposes. The obvious exception here is required data that your supplier will need to bill you.

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