Smart meters will help customers monitor and ultimately manage their energy use and will broaden the community’s ability to respond to environmental challenges.
In the future, smart meters will facilitate customers abilty to access electricity consumption information, using options such as internal home displays or via the web using on-line meter data applications. By being able to monitor daily consumption patterns, you can modify your behaviour to save money and help reduce greenhouse emissions.
Smart meters allow for greater billing accuracy, and will eliminate the need for estimated bills. They also provide more timely services through remote connections and disconnections, which will assist customers when they move into or out of a premises. The meters will ultimately provide the capability for improved detection of outages and faster rectification of electricity supply quality problems.
The electricity distribution network can be more efficiently utilised when peak demand is smoothed out through tariffs that encourage consumers to use off-peak electricity. This will reduce the need to augment the distribution network to cope with peak loads, and minimise wasted electricity in the grid.