📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Smart Meters - let me know the pro's....

1246

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Eighth Anniversary 100 Posts Combo Breaker
    edited 26 June 2019 at 9:20AM
    I keep hearing this argument "You only pay for what you use" , thats great.


    So, in summer when your monthly bill is £40, thats easy. But what about in winter, when you get your monthly bill for £150?
  • victor2
    victor2 Posts: 8,141 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper
    In addition to all these scare stories about there not being enough electricity to keep us going in the lifestyle we're used to, is the push towards electric vehicles. When somehow we have the infrastructure in place to actually charge these vehicles wherever their owners are able to park them, where is all that extra electricity going to come from?
    Slightly off the original topic, but the thread seems to be going that way...

    I’m a Forum Ambassador and I support the Forum Team on the In My Home MoneySaving, Energy and Techie Stuff boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. 

    All views are my own and not the official line of MoneySavingExpert.

  • poppellerant
    poppellerant Posts: 1,964 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I keep hearing this argument "You only pay for what you use" , thats great.


    So, in summer when your monthly bill is £40, thats easy. But what about in winter, when you get your monthly bill for £150?
    I don't see what's wrong in paying for what you use - unless you're expecting it for free? ;)

    But the above is why direct debits exist and set for the average use spread across 12 months. This makes it easier for you to build up a credit in time for winter, for those times of peak use.
  • :) Exactly! So you are not paying for what you've used.


    You are instead paying an 'average' of what the supplier 'thinks' you've used :)


    Is that any different from supplying a reading even just once a year?
  • prowla
    prowla Posts: 14,024 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I keep getting messages about smart meter installers being in the area, etc.


    But I don't see what they offer me, in all honesty.


    And the fact that they are being so persistent just plain makes me suspicious.


    I'm sure at some point I'll need to replace my boiler, or something, and I'll consider it then.
  • AndyCF
    AndyCF Posts: 748 Forumite
    500 Posts Third Anniversary Name Dropper Combo Breaker
    I keep hearing this argument "You only pay for what you use" , thats great.


    So, in summer when your monthly bill is £40, thats easy. But what about in winter, when you get your monthly bill for £150?

    This is why one of my neighbours who has prepay for both supplies tends to keep them well in credit in the summer months, she more or less puts the same monies on them every other week or so. Although in theory its 'money in their pockets not yours' it does mean that come winter time when more energy is used etc, she does not find herself having to either increase the amount she puts in each time or has to top up more often.

    Similar in a way for a DD I suppose in that you average it out so you don't end up with a big increase just after winter etc when its realised you're quite a few ££ in debt, obviously does mean in summer time (unless you have A.C **) you tend to stay in credit by what may appear to be a fair chunk.

    ** Having had one of those vaguely portable (despite its weight) AC units a few years back, it was very alarming to watch it eat kW after kW with a high rate of consumption. If I did not know better I'd actually say it ate more than a 2kW fan heater on a lower setting! Mind you to be fair, the AC was mighty cold when it worked properly.
  • Si_Clist
    Si_Clist Posts: 1,547 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    One thing I've never understood. I'm up to speed with the alleged benefits of smart meters for electricity, but what about gas? Are there smart meters for gas?
    We're all doomed
  • AndyCF
    AndyCF Posts: 748 Forumite
    500 Posts Third Anniversary Name Dropper Combo Breaker
    Si_Clist wrote: »
    One thing I've never understood. I'm up to speed with the alleged benefits of smart meters for electricity, but what about gas? Are there smart meters for gas?

    Yes there are. :) A few different types as you'd expect, same as the variance in manufacturers for the electric ones.

    I'm not 100% sure how they get their power though given in some cases they would be too far to get near the electric supply, that is if they are connected to it at all. Given the relatively long life of NiMH type batteries, this may not be a big issue as I understand it, it can communicate (maybe) with the electric meter to send its readings that way.

    Sometimes if you have the same supplier (unsure if it would work with different ones) you have both Elec/Gas on the same 'IHD' (in home display) unit.

    The idea is roughly the same though, you have a display in the house ( in the cupboard? back in its box ? :D ) and the Smart meter doing its own thing under the stairs/outside etc etc


    This does actually pose an interesting question (ignore if it makes no sense) , someone who has a conventional non-smart electric meter and a smart gas meter but who's gas meter is too far from any form of electric supply if its needed, now how well does that work ?
  • Si_Clist
    Si_Clist Posts: 1,547 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Thank you for bringing me up to speed! Well, given that I can read a meter and do arithmetic, I don't need a smart meter to tell me how to save my money. It's not a big deal keeping on giving OVO two meter readings every month, so we'll happily stay dumb here until such time as we have to get smart meters to get the cheaper tariffs.
    We're all doomed
  • Indout96
    Indout96 Posts: 2,393 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    The introduction of domestic PV has lowered peak demands by shifting usage; for example I switched on a load of washing today when the sun came out and my panels were producing enough.



    Hmmm can see that going down well at work, just nipping home to put the washer on as its cheap leccy time, mind you its a 45 min drive each way so may not be as environmentally friendly as it seems.
    Totally Debt Free & Mortgage Free Semi retired and happy
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.