The European Parliament has announced that all existing electricity and gas meters are to be phased out and replaced with more high-tech Smart Meters. All EU member states will be looking to achieve a minimum of eighty per cent Smart Meter coverage by 2020.
The UK government has therefore decided that we will all have Smart Meters installed in our homes by 2020, so just what are these Smart Meters and what does this change mean for the everyday consumer?
1.The new Smart Meters are run electrically and can be fitted to gas, electric or water meters. Instead of giving an aggregate reading of your energy usage over a quarter or year like traditional meters, they provide a detailed rundown of your power usage so that you can see when you used power and what you used this power for.
2. The meters pass details of your power consumption back to your supplier so that they can monitor your power use. This means an end to estimated bills and the overcharging that can result with this method of meter reading..
via What are Smart Meters and what do they mean for you? | 2Articles.com.
