Smart meters are only smart if…
…YOU CAN MAKE SENSE OF THEM.
At The Monarch Partnership, we’re changing the way our customers’ smart meters report and share data. Why? Because smart meters are only “smart” if you’re really able to make sense of what they are telling you.
So what makes smart meters clever?
With ‘smart meters’, data can be collected as often as every half hour, meaning bills are no longer estimates but based on actual real-time usage. Thus, there is a huge potential to save money by crunching the data and monitoring energy ‘peaks.’
It’s worth taking a step back and providing a bit of context about why we’ve done this, in particular, because the switch to smart meters isn’t without controversy.
The roll-out of Smart Meters — a “costly failure”?
So-called dumb meters are ones where you, or a representative of your energy supplier, take a reading and sends it in. Normally this has been done every few weeks at best. In fact, energy suppliers legally only *have* to visit a meter once every two years: and not even to read the meter, but to make sure it is fitted/ working correctly and not dangerous. Most small businesses and homes still have these.
With ‘smart meters’, data can be collected as often as every half hour, meaning bills are no longer estimates but based on actual real-time usage. It also means the potential to save money is thereby crunching the data and monitoring energy ‘peaks’.