Smart meters could be mandatory by 2030

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Smart meters to help consumers manage electricity consumption as bills set to rise rapidly.

All Australian homes should be fitted with smart meters by 2030, the Australian Energy Market Commission has proposed, as work begins on how much household electricity bills should rise next year.

“Smart meters turn power into knowledge and knowledge is power. Consumers can make informed choices which in turn open the way to greater retail options that suit their family or business usage patterns,” Ms Collyer said.AdvertisementA VPP pools thousands of households with rooftop solar and batteries. Households use their batteries to store excess energy generated through rooftop solar.

The rise in electricity bills shows little sign of abating, and the Australian Energy Regulator has begun work to determine how much retailers will be allowed to charge from next July.

 

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