If you're aiming to reduce your energy expenses, investing in a smart meter monitor, commonly referred to as an in-home display device (IHD), is an excellent method to monitor which devices are consuming the most energy. However, if you're in a situation like mine where you weren't provided with one, you may be wondering whether it's possible to obtain a smart monitor for your smart meter. Don't worry about missing out.
In this insight, I'll explain your eligibility, the possibility of receiving one for free, and your alternatives if you're not eligible, tackling the question, "Can I Get a Monitor for my Smart Meter?".
If you have a smart meter installed, you can get a smart meter monitor. However, many energy providers have stopped offering them for free. You can still purchase one that connects to your meter through Ivie Bud for a small fee.
A smart meter monitor is a handy tool that helps manage how much energy you use. It shows you what devices are using the most energy, making it easier to cut down. By using a smart meter monitor, you're not just saving money but also being more efficient with your energy, which is good for the environment.
With a smart meter monitor, you can pinpoint where you're overspending on energy. It helps you identify energy-hungry appliances or habits that might be driving up your bills, allowing you to take targeted actions to reduce costs.
This monitor provides a breakdown of your energy costs on a daily, weekly, and monthly basis. This detailed insight enables you to track trends, identify peak consumption periods, and make informed decisions about how to adjust your energy usage.
A smart meter monitor promotes energy efficiency by fostering awareness. When you can see your energy use in real-time, you're more likely to adopt energy-saving practices and make conscious choices about when and how you use certain appliances.
The monitor serves as a financial incentive. By actively monitoring your energy use and implementing energy-saving strategies, you're not just reducing your expenses; you're also potentially saving significant money in the long run.
Some smart meter monitors even gamify the concept of saving money. If you treat saving energy as a game (having the lowest score), it can add an element of fun and competition, motivating you to find creative ways to cut down on energy use.
To qualify for a smart meter monitor, you'll need the following:
Meeting these criteria ensures you can access and benefit from the features of a smart meter monitor.
Check the Ivie Website to see if you're Smart Meter is eligible
You have two options for getting a monitor for your smart meter, you can either ask for one from your energy provider, and if they're still being offered and have availability you may be sent one. Or, you can buy one directly yourself.
As of writing, Eon, EDF, British Gas Energy, NPower, do not offer free smart meter monitors.
Many devices are universal, they connect directly to your smart meter through your Tariff information, so going direct to your energy provider isn't required. However, if it's free, it's worth trying.
There are three main choices when it comes to buying a monitor for your smart meter. They are as follows:
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We earn a commission if you make a purchase, at no additional cost to you.
Depending on the type of monitor you are looking for, the costs can vary from anywhere from £20 for a single plug monitor to £160 for a wired-in house monitoring device. Ivie bud offers a budget friendly option that covers the whole home for £49.99.
It is worth noting, the government scheme only offers that households are provided with a Smart Meter and not the Smart Meter Monitor.
No, they come at a cost. Only a few energy providers offer free energy monitors through their services with many referring customers to third-party companies, such as Ivie Bud to purchase a monitor.
A smart meter is a device that your energy company puts in your home to measure how much energy you use. It talks to the energy company and helps with billing. A smart monitor is an extra device you can get that connects to the smart meter. It shows you right away how much energy you're using. This helps you keep an eye on your energy use and make smart choices to save energy.
In summary, a smart meter monitor (IHD) is crucial for reducing energy expenses by providing real-time data on consumption. While free options from energy providers are limited, affordable choices like Ivie Bud cover your home and offer convenience. Eligibility requires a smart meter, active account, recent bill, and Wi-Fi. Investing in a monitor leads to better energy habits, identifying overspending, and tracking costs.
Stuart is an expert in Property, Money, Banking & Finance, having worked in retail and investment banking for 10+ years before founding Sunny Avenue. Stuart has spent his career studying finance. He holds qualifications in financial studies, mortgage advice & practice, banking operations, dealing & financial markets, derivatives, securities & investments.
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