What a Smart Meter is
A smart meter is a more technologically advanced version of the existing electricity meter most Australians have at their home. The new meters measure and record how much electricity a household uses in every half hour interval and can be read remotely.
Smart meters are increasingly common worldwide. They measure and record how much electricity a household uses every 30 minutes and can be read remotely. Smart meters are designed to give customers and energy companies more detailed and accurate information about household energy consumption.
The meters increase customers understanding of their energy use. Also the information is fed back to the energy companies who can use the data to charge 'time-of-use' price rates. This 'time-of-use' rates allow companies to create price incentives for customers to use energy outside of peak times. This may be accompanied for increased rates during peak usage periods.
Smart Meters in Victoria
Smart Meters were rolled out in Victoria between 2009 and 2013. The Victorian government made the roll-out mandatory.
The Victorian smart meters roll-out was managed by Victoria's electricity distributors who manage the infrastructure (e.g. poles, wires, equipment, etc) that deliver electricity in the State. The Australian Energy Regulator has determined all Victorian electricity customers will begin paying for the new smart metering system from 1 January 2010, regardless of when their smart meter is actually installed. The meter cost is part of normal service charges. On average, smart meters cost $53 in 2010 and a further $25 in 2011, over the year.
Smart Meters in New South Wales
The NSW Solar Bonus Scheme was introduced by the NSW Government in January 2010. It offers a subsidised feed-in tariff to eligible customers who installed either small-scale solar or wind-generation systems.
The following timeframes apply in QLD, SA, NSW and ACT, where we have not been able to agree on a date for a meter installation with you:
New Connections - 6 business days from the date we are advised that the connection service (electricity supply) is in place.
Meter Installation (without a change in the connection service) - 15 business days after we receive the request from you to install an electricity meter.
These timeframes do not apply where we do not have an agreement with you to install the meter, the site is not safe, accessible or ready for the meter installation, or installing the meter requires an interruption to another customer's supply.
Talk to us about Smart Meters
Have a question about Smart Meters in Victoria or New South Wales?