Smart meters put consumers in control of their energy use, allowing them to adopt energy efficiency measures that can help save money on their energy bills and offset price increases.
What are smart meters?
Unlike traditional meters, which simply register a running total of energy used, smart gas and electricity meters can record half-hourly price and consumption data and provide automatic meter readings to your energy supplier.
Most homes have two meters, one for gas and one for electricity – both will be replaced with smart meters. You will also be offered an In-Home Display (sometimes referred to as an IHD), an easy-to-use handheld device that sits within your home.
CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.