Smart meters record customer usage and demand in real time and are remotely read in 30 minute intervals. Smart Meters can be linked to in-home devices so that you can make informed decisions about your energy consumption.
If you live in Victoria, you should by now have a smart meter as they are compulsory across the state and the roll-out is coming to an end. When we help you compare energy providers in Victoria, we will compare the energy plans suited to your smart meter to find the best energy prices for your home.
Because Smart meters record your power usage throughout the day, you can benefit from off-peak rates, so make sure you compare power rates from a suitable plan. Off-peak rates can be substantially lower than on-peak rates, so your Smart Meter will let you see when you use the most power, so you can switch your usage habits to make use of the cheaper rates. This might include running your washing machine and dishwasher overnight or setting a timer on your cooling system.