It's time to install Smart Meter In-Home Displays
New research published this week predicts over £6bn savings on GB households gas and electricity bills from the In Home Displays (IHDs) offered to consumers as part of the Smart Meter rollout.
An independent research study conducted this year, quantitatively reviewed findings of 6 British and European consumption feedback programmes with over 28,000 participants. A further six British studies, including research from 3 British utilities were used for qualitative data. 'Assessing the Use and Value of Energy Monitors in Great Britain' is available at www.beama.org
The study found an average of 9% savings per year in electricity use for at least 3 years – paying for the cost of the IHD in less than four months.
Across Great Britain, when rolled out to all electricity and gas customers, IHDs are expected to save over £6bn.
Commenting on the findings, the Parliamentary Under Secretary of State said "Consumer engagement is a key aim of the Smart Meter programme. We welcome this research which clearly shows the benefits to householders. In-home displays enable consumers to see what energy they are using and how much it is costing - putting them in control and helping avoid wasting energy and money."
Howard Porter, CEO, BEAMA added "Average results of trials in real homes achieved 9% reductions in electricity use, and, most importantly, these are maintained for at least 3 years. This puts paid to the sceptics who claim that IHDs will be looked at for a week and then put in a drawer never to be seen again. As well as being good news for householders it’s also good news for the environment. The carbon savings for electricity alone account for over 8% of the annual C02 reductions needed to hit the UK 2018-2022 carbon budget."
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