If the term 'smart meters' leaves you baffled, fear not. We're here to demystify some of the biggest misconceptions and show you how you can save money at home by making the smallest of changes. Who doesn't want to put that reserve cash towards toys, books and clothing for the kids, or new shoes for yourself?
How to reduce energy bills
Smart meters are gradually being rolled out in Great Britain as part of a government initiative to upgrade our ageing energy system, but what exactly are they? Put simply, they are the new generation of gas and electricity meters that allow you to view your energy consumption on the spot – in pounds and pence! They come with a free smart energy monitor that can be placed anywhere in the home. Everything from how much it costs to boil the kettle, to leaving the heating on at night, can be monitored on the smart energy monitor.
Once you see exactly which appliances are costing the most to run, you can make easy, small changes to use less energy and save more money!
That means more cash for the kids' birthdays and Christmas presents… British Gas has seen their Dual Fuel customers save around £32 a year* on their bills if they're using a smart meter in conjunction with clever lifestyle changes.
Another plus? Smart meters put an end to estimated bills. They automatically send meter readings to your energy supplier using secure communications networks, so you don't have to, which means no more manual meter reads or letting the meter reader in. British Gas customers can choose how many reads are available to British Gas: every 30 minutes, one per day or one per month. This allows you to receive an accurate bill so you can be confident you are only paying for the energy you use and with more frequent reads, it also means that British Gas can help you** discover more about how you use your energy at home.
Smart meters are a vital upgrade to Great Britain’s energy system. The way we measure and pay for gas and electricity hasn't quite kept up to speed with improvements across almost every other area of our lives.
Smart meters will enable a more efficient, greener, smarter energy system and lay the foundations for smart grids, which are a whole new way of running our energy networks.
*In a British Gas recent sample of credit customers with smart meters paying by monthly direct debit, excludes discounts and standing charges. Savings are estimated based on the application of the savings achieved by our smart meter customers to the average UK consumption at today’s prices.
**Not currently available to Smart Pay As You Go customers