I've never understood the claim that smart meters help you save money. Your meter ready shows you what you're using so other than a pretty graphic (I assume) what else does it offer?
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Turn it off
Collapse
X
-
-
Originally posted by ladymuck View PostI've never understood the claim that smart meters help you save money. Your meter ready shows you what you're using so other than a pretty graphic (I assume) what else does it offer?Comment
-
Originally posted by ladymuck View PostI've never understood the claim that smart meters help you save money. Your meter ready shows you what you're using so other than a pretty graphic (I assume) what else does it offer?Comment
-
Originally posted by HoofHearted View Post
I guess it's the nudge factor. As you can readily see how much you're using you're more inclined not to use it. I don't think they have any other special qualities - and as we know, there are several reasons to avoid themComment
-
Originally posted by dsc View Post
What are the reasons to avoid them?Comment
-
The obvious end-game here is that those without smart meters will end up paying more - if/when we ever get a more competitive market again, the cheaper tariffs will only be available to those on smart meters. The next step for those with smart meters is what they are effectively trialling now, but under the guise of saving you money - variable pricing when you pay more at peak times each day.Last edited by Paralytic; 29 November 2022, 08:58.Comment
-
Originally posted by dsc View Post
Can they not read them remotely? I always assumed that was the whole idea - data gather re usage, patterns etc.Always forgive your enemies; nothing annoys them so much.Comment
-
-
Originally posted by HoofHearted View Post
You've not read this thread then...
As for reading data off of them, I'm fairly sure you can take readings off of them from outside the house or even send them remotely to HQ, so overall they are just very easy to use.Comment
-
Originally posted by dsc View Post
I have and still can't see it, most of Europe has peak / off-peak tariffs and it makes sense. So again, what's wrong with smart meters?
As for reading data off of them, I'm fairly sure you can take readings off of them from outside the house or even send them remotely to HQ, so overall they are just very easy to use.- Remote disconnection. There is a risk that if there isn't enough generating capacity, those with smart meters might be temporarily cut off from the grid. They can't do this with dumb meters.
- Incompatibility. You switch energy provider and they don't support the type of smart meter you have. In this case it becomes dumb and you have to request a new smart meter install.
First Law of Contracting: Only the strong surviveComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Labour’s plan to regulate umbrella companies: a closer look Today 09:24
- When HMRC misses an FTT deadline but still wins another CJRS case Yesterday 09:20
- How 15% employer NICs will sting the umbrella company market Nov 19 09:16
- Contracting Awards 2024 hails 19 firms as best of the best Nov 18 09:13
- How to answer at interview, ‘What’s your greatest weakness?’ Nov 14 09:59
- Business Asset Disposal Relief changes in April 2025: Q&A Nov 13 09:37
- How debt transfer rules will hit umbrella companies in 2026 Nov 12 09:28
- IT contractor demand floundering despite Autumn Budget 2024 Nov 11 09:30
- An IR35 bill of £19m for National Resources Wales may be just the tip of its iceberg Nov 7 09:20
- Micro-entity accounts: Overview, and how to file with HMRC Nov 6 09:27
Comment