What are the key benefits of smart meters?
Alongside the fact smart meters provide amazing real-time insights into your energy usage, here are some other features that make smart meters awesome:
greater accuracy - smart meters monitor your actual energy usage so households no longer need to be served estimated energy bills
control over consumption - smart meters’ in-house displays allow you to easily track and understand your energy consumption
outage detection - receive SMS notifications when there's a power outage in your area, as well as expected restoration times
remote meter readings - automatic meter readings mean there's no need to have your meter manually read by a technician
usage alerts - receive messages when your smart meter detects excessive energy consumption
smoother switching - with a smart meters, there’s no need to wait a manual meter reading to occur, making it much easier to connect, disconnect and switch
Smart meter rollout throughout Australia
If you live in Victoria, then it’s more than likely that you would of already had a smart meter installed in your home.
Since the mandatory smart meter rollout in Victoria, the state has seen over 2.8 million smart meters installed. This has enabled Victorians to better understand and manage their household energy usage
States outside of Victoria are giving residents the choice of whether they want a smart meter installed at their property, however it’s expected that mandatory rollouts will eventually occur
Generally, companies will try to replace traditional meters within a set timeframe proposed by the state government, or focus on installing smart meters in new building developments, or when old meters need replacing