What is a smart meter?
Smart meters are the next generation of electricity meters. Using digital technology, the meters give you and Panda Power accurate information on energy usage throughout the day.
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.
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.
How do I read my smart meter?
What are the benefits of a smart meter?
- When smart meters are fully operational, you will have a choice to be provided with more accurate information about energy usage across the day to allow you to better manage your bills with greater accuracy than at present. This information can also help you to make more informed choices about your consumption and tariff.
- Currently, your electricity meter is manually read by ESB Networks up to four times per year. Smart Meters are able to automatically send your meter readings to ESB Networks.
- From the beginning of 2021 new products and services will enable you to shift some of your consumption to off peak times of the day when electricity is cheaper.
Smart Meter FAQs
Smart meters remove the need for estimated bills, giving you accurate information on your energy usage. You will be able to make more informed choices about your consumption and tariffs, and to manage your bills with greater accuracy.
Smart meters also benefit the environment by encouraging energy efficiency and supporting an increase in renewable power. The upgrade programme will help cut CO2 emissions and lower Ireland's costly reliance on fossil fuel imports. The economy will also benefit because smart meters help manage energy flow at times of high demand.