A market research by VaasaETT has found that IHDs deliver savings of 9% on average.

The research found several benefits which include real-time consumption feedback, reduction in energy usage and improved customer relationships.

geo said its Dutch IHD has been designed to meet the communications requirements of the Netherlands electricity market.

The company said the Solo II P1 product can be fitted at the time the smart meter is installed, or retrofitted after the smart meter has been installed.

geo designs and manufactures in-home energy displays, online energy services and mobile applications.