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Smart meter

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Views on smart meters. Considering but still not sure. I am with shell who are keen for me to have one installed. I am happy to give my readings monthly. What is the panic ?
Thanks
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Comments

  • Keep_pedalling
    Keep_pedalling Posts: 20,743 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    There is no panic, but we don’t need yet another thread on this subject it has been done to death.
  • Sorry I will have to search through.
    Thanks
  • Smart meters are either a) the spawn of the devil or b) the best thing since sliced bread.

    Representatives of both camps will be along very shortly.
  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    Sorry I will have to search through.
    Thanks
    Hi

    No worries, you are entitled to start a thread if you want a personal response

    I posted a link from Which magazine yesterday and I'm not good at finding posts but will try and post if you cant find it.

    The article inn the magazine talks about what you may get and what to do if you encounter problems etc, therefore a good read in helping you decide and be prepared if things do not go to plan as they dont sometimes with anyhtig and everything

    The reason there seems to be a "panic" is the suppliers have to install and certain amount of these meters by a certain date

    Thnaks
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Sorry I will have to search through.
    Thanks
    Hi

    No worries, you are entitled to start a thread if you want a personal response

    I posted a link from Which magazine yesterday and I'm not good at finding posts but will try and post if you cant find it.

    The article inn the magazine talks about what you may get and what to do if you encounter problems etc, therefore a good read in helping you decide and be prepared if things do not go to plan as they dont sometimes with anyhtig and everything

    The reason there seems to be a "panic" is the suppliers have to install and certain amount of these meters by a certain date

    Thnaks
    Just look at your own profile and replies, sometimes easier to find there👍
  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    Smart meters are either a) the spawn of the devil or b) the best thing since sliced bread.

    Representatives of both camps will be along very shortly.
    Hi

    Good post and this applies to almost everything in life.

    Personally, I would not go for something brand new and generation one smart meter have their problems but the new generation seemed to ironed them out, mostly.

    Thanks
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Smart meters are either a) the spawn of the devil or b) the best thing since sliced bread.

    Representatives of both camps will be along very shortly.
    Live and let live I say.

    Happy with our smart meter but if someone doesn't want one and their current meter is working and in certification then let them be.
  • drt1710
    drt1710 Posts: 46 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Views on smart meters. Considering but still not sure. I am with shell who are keen for me to have one installed. I am happy to give my readings monthly. What is the panic ?
    Thanks
    You'll find views for and against.  It really is worth searching the forum if you have the time as you will get a lot more views on them.
    EssexHebridean is an excellent reasonably balanced view, the only thing I'd add is about suppliers switching a smart meter to a prepayment meter.  What he says is correct in theory, but in practice, it's not worked like that to date. 
    However, the energy industry has agreed to no more forced prepayment meters until 31/3/23, what happens after that is anyone's guess! (https://www.moneysavingexpert.com/news/2023/02/energy-suppliers-told-stop-prepay-forced-switch-regulator/)

    Whilst a supplier "should" engage with a customer before switching you to prepayment, and prepayment should only be a last resort, and prepayment can't be used in certain circumstances, it's not always worked like that.  So if there is any chance that you "might" be in or fall into debt, I'd consider this. 
    Having said that, if and when your meter comes due for replacement, chances are it will be replaced with a smart meter anyway.
    There is also another advantage of smart meters, not sure if Shell is offering it, but "smart tariffs" whereby you pay a different price per unit at different times of day.  You're looking for something like Shell's version of Octopus Agile (a tariff which pays customers to use energy!!!!) (https://octopus.energy/agile/)
    Basically, the future is coming to get us!
    Hope this helps
  • EssexHebridean
    EssexHebridean Posts: 24,421 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    drt1710 said:
    Views on smart meters. Considering but still not sure. I am with shell who are keen for me to have one installed. I am happy to give my readings monthly. What is the panic ?
    Thanks
    You'll find views for and against.  It really is worth searching the forum if you have the time as you will get a lot more views on them.
    EssexHebridean is an excellent reasonably balanced view, the only thing I'd add is about suppliers switching a smart meter to a prepayment meter.  What he says is correct in theory, but in practice, it's not worked like that to date. 
    However, the energy industry has agreed to no more forced prepayment meters until 31/3/23, what happens after that is anyone's guess! (https://www.moneysavingexpert.com/news/2023/02/energy-suppliers-told-stop-prepay-forced-switch-regulator/)

    Whilst a supplier "should" engage with a customer before switching you to prepayment, and prepayment should only be a last resort, and prepayment can't be used in certain circumstances, it's not always worked like that.  So if there is any chance that you "might" be in or fall into debt, I'd consider this. 
    Having said that, if and when your meter comes due for replacement, chances are it will be replaced with a smart meter anyway.
    There is also another advantage of smart meters, not sure if Shell is offering it, but "smart tariffs" whereby you pay a different price per unit at different times of day.  You're looking for something like Shell's version of Octopus Agile (a tariff which pays customers to use energy!!!!) (https://octopus.energy/agile/)
    Basically, the future is coming to get us!
    Hope this helps
    BiB: I think in the case of most suppliers, it probably has, in fairness - the current temporary ban was as a result of British Gas deciding to seemingly bypass the rulebook completely. It should also be added that the situation in the Times investigation didn't only affect those with smart meters - and for my money, far worse were those where people's homes were actually entered to physically change the meter where in fact they should have been protected from this by the PSR. The cases uncovered in the investigation though do seem to have been a very small number (still too many, in the circumstances, mind!) where the system was abused by a supplier.  (Oh - and it's she, by the way!) 

    To underline though - the system relating to smart  meters and debt is ONLY different in terms of the fact that the switch can be made without needing to physically enter the property - the right to switch a customer to prepay has been in place for a very long time where certain criteria are met.

    You are right about life-end meters now being almost certain to be replaced with smart ones - there have been cases where dumb meters have been installed instead but as a general rule this seems to be more when a meter has needed an emergency replacement and that was what was available. 
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