We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Smart Meter Readings

FiestaRed
FiestaRed Posts: 101 Forumite
Fifth Anniversary 10 Posts Name Dropper
As part of my switch to a different energy company, I have to have a smart meter fitted.
I have the option of half hourly readings, daily readings or monthly readings. Could anyone please advise if there is a "better" one to go for or is there no difference?

Comments

  • Swipe
    Swipe Posts: 5,390 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I guess it depends on how much metadata you want to give them regarding your usage. I opted for daily for the time being but you can change it whenever you like.
  • FiestaRed
    FiestaRed Posts: 101 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Thanks for the help. I didn't realise you could make a change, it was something I was asked when I booked the installation slot.
  • FiestaRed said:
    As part of my switch to a different energy company, I have to have a smart meter fitted.
    I have the option of half hourly readings, daily readings or monthly readings. Could anyone please advise if there is a "better" one to go for or is there no difference?
    The industry is moving towards time of use tariffs. Future price comparisons will be based on your profiled usage not kWhs/year. The more history you have the better. This is typical of what your supplier should be able to provide on a 30 minute usage profile:


Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.4K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support 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.