📨 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!

Octopus want to install electricty smart meter

Options
I have been with octopus for 3 years + now they mant to install a electricity smart meter ?
do i have to comply with this request?

Comments

  • la531983
    la531983 Posts: 3,115 Forumite
    1,000 Posts First Anniversary Name Dropper
    Maybe start with telling us what your objection is, and we can then debunk it.
  • mac.d
    mac.d Posts: 1,387 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Are they telling you that your electric meter is at end of life and requires replacing, then yes you have to let them install a new meter.  

    I.e. see this thread "http://forums.moneysavingexpert.com/discussion/6509148/eonnext-at-it-again-with-end-of-life-meter-tactics-for-exchanging-to-a-smart-meter/"

    If they're just asking you if you want a smart meter installed, and you don't then no.
  • Ultimately, yes you will eventually have to.

    Whether you can put it off for an indeterminate amount of time will mostly depend on your chosen energy tariff and/or the certification period of your current meter. If you’re on a tariff that requires your agreement for a smart meter to be installed or if your current meter has expired (Octopus should say if this is the case) then you will have to get one, otherwise you can politely decline for the immediate time being.
    Moo…
  • Scot_39
    Scot_39 Posts: 3,521 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Your meter maybe approaching end of life - in which case they are legally obliged to replace it - and Ofgem/ govt changed guidance so that in that case that will almost inevitably be Smart.

    At other suppliers many of their fix deals for instance now have smart meter conditions to encourage acceptance.
  • Robin9
    Robin9 Posts: 12,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Smart does have benefits]

    1) Refund of £10 from the Load Reduction scheme -  just use as little for an occasional hour

    2)  Solar benefit expected to be £30/40 this year
    Never pay on an estimated bill. Always read and understand your bill
  • FreeBear
    FreeBear Posts: 18,256 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Robin9 said:
    Smart does have benefits]

    1) Refund of £10 from the Load Reduction scheme -  just use as little for an occasional hour

    2)  Solar benefit expected to be £30/40 this year
    With a smart meter, one can take advantage of the Agile or Tracker tariffs - I'm currently saving around 30% by being on the latter over SVR.
    Also get the opportunity to take part in the saving sessions - Whilst the rewards are not spectacular, I've managed to clock up £4 over the last month or so. Enough to buy a coffee or two.

    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.
  • dunstonh
    dunstonh Posts: 119,702 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    do i have to comply with this request?
    Why would you not want a smart meter?  Especially with Octopus and their occasional "free hour" giveaways or where they pay you to use less (which you don't have to do but if you do, you earn from them).
    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.
  • It bothers me not your objections to having a smart meter but realise not having one can mean you miss out on massive savings on your energy.

    Savings hundreds of pounds a year especially with your current supplier Octopus.
  • Netexporter
    Netexporter Posts: 1,965 Forumite
    1,000 Posts First Anniversary Name Dropper
    01oddball said:
    I have been with octopus for 3 years + now they mant to install a electricity smart meter ?
    I find it hard to understand why anyone would join Octopus and not want a smart meter. The money you can save on their smart tariffs is their main selling point. You don't even need anything like solar, batteries or an EV to benefit. I pay around half the SVT price on the Agile tariff.
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
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.