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Smart Meters

What are smart meters?

Smart meters ('Advanced meters') are digital electricity meters that can measure customers' electricity consumption in real time.
They have the capability of being read and operated remotely.

Smart meters can be remotely switched over from gross to net metering on 31 December 2016 when the Solar Bonus Scheme ends.
Changing to a smart meter before the end of the Scheme will not impact the tariff rate that is received.

Smart meters can do more than just record your electricity usage. They offer a range of services and features.
When considering the installation of a smart meter it is important that you understand what services and capabilities will come with your smart meter, including ability to measure the output from your solar power system.

Smart meters have many benefits, such as:

  • Customers can access more up-to-date information on their energy consumption and costs
  • The meter can be can remotely read, saving the cost of manual meter reading. The meter can be read daily, so customers can be provided with much more timely and accurate bills
  • Electricity networks can monitor electricity supply conditions more quickly and accurately. Blackouts and other supply problems can be detected and fixed more quickly
  • Residents moving into a property can have the power connected immediately, without the need to wait for a service visit. (available in NSW in December 2017)
  • Facilitates access to new and innovative electricity pricing to save on bills
  • Provides accurate and up-to-date information on energy consumption and costs
  • Provides the ability to respond to and manage your electricity use. eg, moving from ‘peak’ to 'off-peak' tariff periods

In the future, smart appliances will have the ability to communicate with smart meters, allowing consumers greater control over their electricity usage.

Smart meters in NSW

'The NSW Government is engaged in changing regulatory settings to support a market-led roll out of smart meters, while ensuring consumer protections, safety standards and privacy are maintained. These changes are in line with changes occurring nationally (except Victoria where smart meters are mandated).
In March 2016, a package of legislative amendments was introduced to Parliament. The Electricity Supply Amendment (Advanced Meters) Bill 2016, supports a voluntary, market-led rollout of advanced meters in NSW . The Bill includes provisions to support the market transition to a competitive metering framework and support new national metering arrangements that will come into effect on 1 December 2017.
Competitive metering will also support the transition of around 146,000 customers from the NSW Solar Bonus Scheme when it expires on 31 December 2016.' →

Smart Meters - Information

FAQs on smart meters

Click here for FAQ page →

Media Release: Wednesday, 9 March 2016

"Minister for Industry, Resources and Energy, Anthony Roberts, today introduced legislation that enhances competition in electricity metering to give customers greater control over their electricity consumption."

Follow link below to read full release

Smart Meter Rollout To Drive Choice, Savings, and Innovation →

Smart Meters in NSW Fact Sheet

Smart Meters in NSW [pdf] →

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