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What is a smart meter and how could it help you to save money?

Smart meters are the next generation of gas and electricity meters. They’re currently being installed in homes across Great Britain at no extra cost, to replace traditional meters. Smart meters:

  • measure how much gas and electricity is being used and show how much it’s costing on a handy in-home display (IHD)
  • enable accurate, not estimated bills – so you know exactly how much your bill should be, and how much to budget
  • send your gas and electricity readings directly and securely to the energy supplier so you don’t have to

Watch the video to learn how the smart meter works: How do smart meters work? | FAQ

How could a smart meter save you money?

If you’re on a tight budget, a smart meter could make your life easier. The in-home display (IHD) which you’ll receive with your smart meter shows you, in near-real time, the amount of energy you use in pounds and pence. Allowing you to keep an even closer eye on your energy spending habits. This could help you find ways to reduce energy waste around your home and save money.

Watch the video below for an explanation of how to use your in-home display: How to read a smart meter in-home display | FAQ

How can I find out more?

Please note:

  • Eligibility may vary
  • Consumer action is required

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