Just think, no more meter man, more frequent usage data to help you manage your bills and the ability to interact with your meter remotely.
Let’s explore the five main ways smart meters differ from a traditional electricity meter:
|Smart meter||Traditional meter|
|Data storage||Stores electricity consumed every half an hour.||No data storage.|
|Meter Reading||Data is automatically transmitted to the metering company.||A meter reader physically comes to your home or business to record the information and send it to the metering company. If access can’t be gained to the meter, this may result in estimated bills.|
|Tracking electricity use||Digital data of energy consumption and time of use can be provided in near real-time.||Electricity use can only be tracked by either waiting for your quarterly bill or manually reading your household meter yourself.|
|Outage detection||Automated outage detection allows distribution companies to restore power quicker than traditional meters.||No outage detection, which means distribution companies cannot react as quickly to interruptions in supply.|
|Connections and disconnections||Connections and disconnections are faster as they are managed remotely.||Connections and disconnections must be done manually, slowing down the process when you move house or change energy retailer.|
With smart meters rolled out in Victoria, customers are now able to monitor and manage their electricity usage.