Can you find me one tariff that allows them to charge you different rates by the hour, i cant find anything. Closest i can find is that economy 7 thing, but that two requires a different meter.
Smart Meter
- Thread starter Robbie_G
- Start date
Can you find me one tariff that allows them to charge you different rates by the hour, i cant find anything. Closest i can find is that economy 7 thing, but that two requires a different meter.
Every house I've lived in has had an eco 7 meter, the rate is remotely switched: https://en.wikipedia.org/wiki/Radio_teleswitch
Theoretically the same system could be used with those existing meters to switch at different times than midnight-7am (or whenever your eco 7 period is)
My house doesn't have one of those fitted, just a standard meter with a single reading not two.
Its just like having a smart meter installed, you need to wait in for someone to install some more equipment.
Given most of the most "providers" can't sort out their existing billing (see volume of complaints about nPower etc), individual billing would send the industry into meltdown!
It doesn't have to individual billing. They just introduce tariffs that adjust throughout the day as per demand, for multiple households; think variable rate mortgages, but hourly instead of monthly? It's going to happen once smart metering is widespread enough.
I'm more inclined to think that these meters, sooner or later, will be used for 'premium' costs. Probably between 9-5 you'll have an extra cost to use power.
EDF are hassling me to get one installed and with that they say they can be used to send meter readings monthly, weekly, daily or in real-time.
I hope I'm wrong but with everything else heading this way it just seems the next step.
M.
EDF are hassling me to get one installed and with that they say they can be used to send meter readings monthly, weekly, daily or in real-time.
I hope I'm wrong but with everything else heading this way it just seems the next step.
M.