People across the country are looking for ways to cut their energy bills after recent price hikes - and one of the solutions some are looking to is a smart meter. Smart meters were introduced in 2011 as a way to monitor your gas and electricity usage - cutting the need for people to physically read meters and showing you exactly how much energy you are using.
The read-outs are often sent to a device that sits somewhere in your home, or to an app on your phone, so you don't have to check your meter to see how much you are using. More people are now switching to smart meters providing an update every 30 minutes - so you can see exactly how much energy you are using as you use it.
So far, around 24million homes have a smart meter and the plan is for 85% of us to have one by the end of 2024 - with Ofgem now looking at using them for surge pricing - charging people more to use energy when demand is higher. But do they save you money?
