2.6.7 Installation of smart meters
Description
A smart meter is usually an electronic device that records electricity consumption in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing.
Benefits
Remove estimated meter reads and generate accurate invoices
Reduce the cost of including a “pedestrian read” in the energy prices
Limitations
Smart meters could control, regulate, and ration the use of an utility (load limiting)
Introduction of time in use tariffs
Economic assessment
Initial investment: around 500 euros per unit. Payback: less than four years.
References and best practices
Smart meter devices and the effect of feedback on residential electricity consumption: Evidence from a natural experiment in Northern Ireland: www.sciencedirect.com/science/article/pii/S0140988312003209
Smart metering for residential energy efficiency: The use of community based social marketing for behavioural change and smart grid introduction: www.sciencedirect.com/science/article/pii/S0960148113005983
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CHARACTERIZATION
Environment or playable world:
Residential
Academic
Offices
All
Carried out by:
Public building users
Owners
Operators
All
Reduce consumption of:
Heating
Cooling
DHW
Lighting
Electric devices
Type of driver:
Physical environmental
Contextual
Psychological
Physiological
Social
Time framework:
- Short term
- Long term
Type of measure:
- Envelope
- HVAC
- DHW
- Lighting
- Electrical devices
- Other
