Smart meters are digital devices that measure your energy consumption in real-time and send this information to your energy retailer automatically.
They allow retailers to offer highly customised electricity plans, which can vary by things like the time of day, the maximum usage level, the spot price in the wholesale market, or how much renewable energy is available in the grid.
The information made available by smart meters can help you understand when and how you use energy, how you impact the grid, and how many tonnes of carbon emissions you’re emitting.
This information is available to you through the Australian Consumer Data Right (CDR).
With these insights you can reduce your most costly consumption, choose energy plans that better fit your use, and move towards becoming Renewables Ready!
How do I know if I have a smart meter?
There are a few ways to know if you have a smart meter:
- Visit your meter box. If your meter has a dial or spinning wheel, it’s probably a traditional meter.
- Check your bill. Some retailers include a note indicating whether you have a smart meter.
- Contact your retailer. Your energy retailer will be able to tell you if you have one.
- If a meter reader still comes to your house to take a reading, you don’t have a smart meter.