The move comes after an investigation by EnergyAustralia of 10,300 household electricity accounts already using the smart meters and timed based pricing revealed that households were saving an average $45 a year on their electricity costs compared to EnergyAustralia’s standard domestic rate.
Managing director George Maltabarow said that all homes and businesses across the EnergyAustralia network could now get a new smart meter installed free of charge.
Mr Maltabarow said: These new smart meters are giving households more control over their electricity costs.
They allow households to pay less for electricity outside peak times that’s 82% of the time. At the same time these customers will help make the electricity network more efficient by evening out electricity use throughout the day, he continued.
