As part of the Climate Action Plan, ESB Networks is replacing 2.4 million electricity meters in homes, farms and businesses across Ireland with next generation meters. This new technology which is already in use in over 700 million premises worldwide will bring benefits to customers, the environment and the economy.
Benefits to customers: From 2021 onwards smart meters will provide greater access to accurate information on your energy usage giving you greater control on your energy consumption. They will also enhance competition and increase the range of products and services available. From 2021 smart meters will be able to automatically send your meter readings to ESB Networks so the need for estimated bills will be significantly reduced.
Benefits to the environment and the economy: Smart meters enable the move to a low-carbon electricity network, the development of smart grids, and support the electrification of heat and transport, local renewable generation and micro-generation.
In addition, smart meters can facilitate a reduction in electricity usage and generation, especially at peak times, helping us to become more energy efficient and lower our carbon emissions.
More information on the benefits can be found here.