How smart meters could help you manage your household budgets
You can’t control everything – from the weather to the traffic. But a smart meter display could help you keep an eye on how much energy you are using, on a daily, weekly or monthly basis, helping you to manage your household budgets.
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Smart meters are the new generation of gas and electricity meters. They are being installed in homes across Great Britain at no extra cost. They replace the traditional meters most of us currently have ticking away under the stairs, or outside our homes.
MEET THE SMART METER DISPLAY
A big advantage to having a smart meter is the portable smart meter display offered during the installation. This display will show you the energy your household is using in near-real time. With this information, you can spot the times you're using more or less energy.
When you know how much energy you’re using – and how much it’s costing you - it can be easier to take control of your budget.
For example, you might spot that your smart meter display spend level increases when you turn on the kettle. You could then get into the habit of only filling up the kettle with the water you need, so you aren’t wasting energy boiling water you don’t need.
Some smart meter displays even allow you to set a daily budget, or you can use the information displayed to work out your daily budget yourself.
SO, DO SMART METERS SAVE YOU MONEY?
It's great learning about modern technologies, like smart meters. But how could getting a smart meter help you save money?
Just having a smart meter installed doesn't automatically save money. But the handy smart meter display that came with your smart meter helps you keep on top of how much you spend on energy - some people even save £10-£20 a month this way. Wonderful!
These smart meters are so smart, they're not just helping people keep up to date with what their energy costs – they're helping Britain build a modern, flexible energy system. With this upgraded system, the nation could save £8 billion a year – Now that's smart.
On your smart meter display, you can see:
- How much energy your household is using in kWh, and easy to understand pounds and pence. You can choose to see this data as either daily, weekly or monthly.
- Your near real-time usage, so you can see what's what at a glance. Meters vary a little depending on the energy supplier, but this could be displayed as a traffic light, figures, or another easy-to-read way.
- What you've spent over time, so you can track when spending is higher than usual (the display will show historic consumption daily, weekly, monthly, or on a 13-month rolling cycle).
A smart meter display shows you how much energy you’re using and what it’s costing you daily, weekly or monthly.
Submitting your manual meter readings are a thing of the past – your smart meter can send your meter readings directly to your supplier.
You can set budget goals on your smart meter display, and the near-real time updates will help you see how you’re doing at keeping to your goal.
Goodbye estimated energy bills
Traditional meters rely on manual readings and bills are worked out on estimates. With smart meters usage data is automatically sent directly to your supplier, so you only pay for exactly what you use.
BUT DON’T JUST TAKE OUR WORD FOR IT…
Pat, from Leeds, loves her smart meter because it makes life a little easier. From keeping control of her household budgets to knowing meter readings are always up to date, her smart meter helps her know things are under control:
My names Pat, I live in Leeds in a one-bedroom house-flat with my partner. Were always budgeting, and a smart meter helps to keep on top of what we’re spending. I never leave lights on; I always make sure my TVs off.
Last month, I think I made a savings of about £30, which I couldn’t have done that before. My gas meter is very hard to get to because it’s under the sink. The smart meter makes my life a lot easier because I can look and see how much I’ve used I don’t have to worry about having my meters’ read.
I keep my smart meter next to my microwave so it’s very easy to access and I love to see how much I’ve spent each day, each week and each month.
I would definitely recommend a smart meter to my friends and family because I think it’s a really good way of seeing how much you’re spending and helping you to save.
“I keep my smart meter next to my microwave so it’s very easy to access, and I love to see how much I’ve spent – each day, each week, each month.
I would definitely recommend a smart meter to my friends and family, because I think it’s a really good way to keep track of how much you’re spending and helping you to save!”
REQUEST YOUR SMART METER
It’s never been easier to upgrade to a smart meter. Join the millions of Brits who are already using a smart meter and accompanying smart meter display to help manage household budgets.
Simply click below and we'll get you started:
You may also be interested in...
- Get more tips on how to use a smart meter to help you manage what you spend on energy.
- Find out more about how smart meters work.
- Hear smart meter owners talk about why they love their smart meter.