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New Smart Meter are dangerous - Budget Exceeded

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  • dunstonh
    dunstonh Posts: 119,676 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    This was my first full week of using the meter, I have not played with any of the settings, this is a default meter that has come straight from the energy company.
    So, you haven't set your target budget figures then.   

    I've tried to live within the budget as an experiment, I've gone with the heating the body principle, hot water bottles have been in regular use. Even doing this I can not get anywhere near the default recommend daily budget. The house is cold and I am cold.
    Interesting experiment but as the budget wasn't actually set but a default, there was little hope in you achieving that.

    This is my worry, I know the default budget supplied by the smart meter is rubbish. If I was able to keep to it my energy bill would be just over £1000 a year, a pipe dream!
    That is not a pipedream for many people.  Excluding a major use item that is a luxury, we use about £90pm.  So, the default for the IHD would be too high in our case.

    I would like @MSE_Martin or any member of the team @MSE_Andrewto contact the energy companies and get meaningful default budgets set on smart meters, the current default is dangerous. People are going to die this winter if they try to stick to the default budget, it is dangerous. To be honest it feels negligent and criminal.
    It isn't dangerous.  It was a bit of a folly by you to attempt it.  You didn't read the instructions and are now accusing the suppliers of being negligent.

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Sea_Shell
    Sea_Shell Posts: 10,025 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    I set mine to our "annual" budget equivalent.

    This doesn't even help really, as all summer we were way under budget, and now we regularly exceed budget.

    But then I know my costs and usage and keep my own records.

    So unless you're going to set a "winter" specific budget, based on what you feel is comfortable and affordable, then the IHD is of limited use.

    It will flash red at you until spring!!
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Thank you, but this is information that should be provided by the energy company either during or after the fitting.

    This information is available on supplier and device manufacturer websites. Suppliers use different installers who install meters for a number of suppliers. 

    https://octopus.energy/blog/smart-meter-screen-user-guide/

  • FreeBear
    FreeBear Posts: 18,223 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 25 October 2023 at 9:41PM
    Wow - there is so much wrong with the OP's post that I do not know where to start.

    Smart meters are just meters that record usage: in this respect, they are no different from the meters that they replaced.

    As others have said, you set the budget. The IHD manufacturer has just gone for a default setting. You can change the budget in one of the sub-menus. The supplier does not send a budget to either meter: it should however set the tariff that you are on which is how the cost of energy used is calculated.

    Most consumers ignore the budget feature.
    My smart meter/IHD hasn't been updated with tariff info since Solarplicity went bust. According to the IHD, I've used £285 worth of electricity this year and am under budget by £150. Gas is even more laughable. Zero spend and zero budget despite using 4000KWh.
    As a "feature", I only ever look at it for entertainment value.
    Her courage will change the world.

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • One of the major selling points of smart meters is that the public are too thick 9or busy) to work things out for themselves.  They're told that simply by getting a smart meter they'll save money and it'll all be taken care of.

    So, given this widely publicized hype, the OP is absolutely right. If you've misled people into thinking that by letting the smart meter do it's thing you'll save money, there is a responsibility to make sure that people blindly following it don't run into trouble. 
    This is my point exactly, I'm not complaining about the cost of energy, it's expensive I know, we all use different amounts depending on the house. 

    The fact I have identified the smart meter incorrectly as others have pointed out shows the issue, you're told it's an energy saving device but not told how to use it.

    I did not receive any form of instructions around budgets, I did not receive a link to the PDF manual, thank you to the other poster for sharing that.  People are receiving these and not being told how to use them, my concern is around this.

    The smart meter fitter, could have asked some simple questions about the house, how many people live there, any children, is the house double glazed etc, they could then have looked to a chart and set a budget based on that, they could have shown me the option at the same time.

    My worry is Smart Meters are being fitted without enough instructions around budgets, the fitter could ask do you want me to quickly show you how to set the budget feature.

    I want the energy companies to provide this information, I don't want to think of my grandparents freezing this winter because the fitter wasn't allowed an extra 10 minutes to go through this with them.
  • The_Fat_Controller
    The_Fat_Controller Posts: 2,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 December 2022 at 12:04PM
    My IHD gave up doings its sum correctly for electricity a few years ago, despite the kWh usage and tariff showing correctly.

    It shows the gas usage and actual cost.

    However, even though the meter are set for 30 minute readings and the gas usage updates on the IHD at that interval, for over 3 years I have been unable to see the hourly gas usage in my online EDF account, the daily usage shows fine.

    The call centre can access both smart meters in real time during our (many) chats without issue.

    EDF have today admitted defeat after 37 months and offered me a small bung to close the complaint.

    The Bright app will not show the gas tab at all even though the meter is showing as DCC registered and permissions are granted, Loop Energy is the same.


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