Yes, of course.For everyone else, they enable variable pricing for those who can use such things.
In any case it's just a device to record energy usage, just like any other meter from the last 100+ years.
Do you have a mobile phone and, if so, are you comfortable about having it?Yes, of course. Roll on Central Bank Digital Currency too.
now these are all legitimate actions if situations require it like non payment or variable charging but the first you will know iff wrongly applied or cut off you wont know the problem until the next bill or off course instantly iff cut off or very quickly if changed to prepaiment

i am presently with british gas on lower standing charge tarrif or i was over the last yearOn the other hand, they can open up the opportunity to make some substantial savings, which are simply not available to those with a simple, dumb meter. This is what I have been paying each day, on my smart meter, versus the straight line, on the graph which represents what you would be paying per unit, with a dumb meter.
View attachment 383330
Yes, in January, it briefly exceeded 45p per unit, days when you simply try to minimise your consumption, but as the graph shows - most of the time, it is well below the CAP, which makes up for it and then some. I'm on the Octopus Tracker tariff, only available with a smart meter - where the cost per unit, can vary each day, with the next day's cost, announced the day before.

That is a major thing. Before my solar, batteries, and smart meter, we used power when we wanted, now when consider when to use the big three, dishwasher, washing machine and tumble dryer, these have the option for delayed start, so can be run over night on off peak.that could be further bolstered by farting about
if i had a smart meter i could get free sunday afternoon electric units now this sounds great but is is virtuallty zero value as i dont have a smart meter but most off all my base load is about 2.7 electric units a day so a free units for 3 or 4 hours on a sunday may save me perhaps 11% off normal use as thats about 70p a day thats perhaps 8p that could be further bolstered by farting about cooking things short powering fridges and freezers and charging powertool batteries a washing and drying cycle and using perhaps another 20- 40p in other words a saving off 50p for loads off effort so not off any real value on a sunday only but needing a smart meter that incidently they already fitted about 15 years ago but non functional now as a first generation
We had the same sort of argument should we simply hang up clothes to dry, but unless you have a car port, factor into that how many times need to rewash due to bird lime. And cost of rewashing soon kills any gains by hanging out the clothes.

I am sure if you want to run your home to suit the supply cost, you can save a lot, but I just want an easy life, and not wait to cook the evening meal until 00:30 because I can save a few p.SMETS1 are mostly upgradeable...
I looked at BG's free Sunday power, compared it, and it didn't come close to my Tracker on cost, even if I managed to make good use of it. I have cheaper pre unit most of the time, plus times when it is much cheaper. We just try to hold back, what can be held back, until those cheaper times, even when we don't manage it, we are usually paying well below the normal rate.
I am sure if you want to run your home to suit the supply cost, you can save a lot, but I just want an easy life, and not wait to cook the evening meal until 00:30 because I can save a few p.
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