Should I swap my Economy7 meter for a new smart meter?

toadstretcher

Hi all.

I bought a house a few years ago and stripped out the old storage heaters and now have gas fired central heating and hot water via combi boiler.

I'm currently signed up to Collective Fix Oct 2017for both my gas and electricity through British Gas.

As I'm not on a 7/10 tariff, is there any downside to getting my meter replaced with a shiney new smart meter?
Should I change supplier next year will my meter still be smart or would it be tied to BG?

Cheers for any advice

(apologies if this has been brought up berfore, I did look through smart meter threads but couldn't find an answer)

victor2

You may find that you will get your existing economy 7 meter (if that is what you have) replaced by an economy 7 smart meter, but it won't be a problem if the supplier is already combining the day and night readings for a single rate tariff.
Until suppliers fit SMETS2 standard smart meters (possibly later this year), they will revert to being dumb if you switch supplier.

Raxiel

Wait for the 'SMETs v2' meters later this year. A meter installed now probably* won't be transferable and will just revert to 'dumb' meters.

*I've heard of some instances of a current smart meter transfering but I don't think BG ones do.