How a smart meter can help you conserve energy and save money

Olio updates 3 min read

This content is sponsored by Smart Meters as part of the Smart Living series

In an era where both the planet’s health and our own finances are under the microscope, finding ways to conserve energy is no longer just an eco-conscious choice—it’s a matter of necessity. That’s where the advantages of smart meters become evident. These devices not just streamline our energy management but also play a pivotal role in our quest for sustainability.

The smart way to manage energy

Smart meters are the silent conductors of our energy symphony, ensuring every note is played efficiently and effectively. They’re not the cumbersome, silent sentinels of yesteryear that simply registered energy consumption; smart meters provide dynamic feedback and a path to better energy habits, leading to tangible savings.

In fact, according to The Department for Energy Security and Net Zero’s findings in 2022, households have seen an average reduction in energy consumption by around 3.5% for electricity and 3.0% for gas after installing a smart meter.

The in-home display: Your energy consumption companion

Imagine having a companion that could tell you precisely how much energy you’re consuming at any given moment. That’s the in-home display of a smart meter. It brings visibility to your energy use, displaying your consumption in near real-time.

Armed with this information, we can identify energy-hogging appliances, habitual energy wastes, and adjust our behaviours accordingly. It’s like having a fitness tracker for your home’s energy health, guiding you to make smarter, energy-saving decisions every day.

Financial fitness through energy savings

Saving energy does more than just reduce our carbon footprint. It directly impacts our wallets. By lowering our energy consumption, thanks to the actionable intel from our smart meters, we’ll likely see a shrinking figure on our energy bills. And who doesn’t like the sound of extra funds for that long-awaited holiday or home renovation?

What is a smart meter, anyway?

A smart meter is the contemporary upgrade to the traditional energy meter. Gone are the days of wrestling with meter readings and estimates. These new-generation devices automatically relay your energy usage to your energy provider, taking one bothersome task off your to-do list.

What’s more, they eradicate the need for guesswork. Your energy outlay is reflected in pounds and pence on the in-home display, ensuring your bills reflect your actual consumption.

One way to do your bit

Getting a smart meter installed is just one way to drive change, beginning within the walls of our own homes.

Remember, being eco-friendly isn’t just about the grand gestures; it’s the small, consistent changes that create waves. Take control of your energy use, save money, and join the ranks of households contributing to a greener tomorrow with smart meters.Ready to take the next step towards Smart Living? Learn more about smart meters and how you can optimise your energy usage for a better tomorrow.

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