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Smart meter and Standard Rates

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  • 28-02-2024 4:07pm
    #1
    Dermot224
    Registered Users Posts: 185 ✭✭


    Hi,Anyone know if I have a smart meter will energy companies allow me take out a 24 hr standard rate plan if I want to switch providers or will I need to go on a smart plan which would not suit as I wont use much electricity at night.Asking because I am due to get smart meter installed



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    #2
    10-10-20
    Registered Users Posts: 6,676 ✭✭✭10-10-20


    Same or similar question here:

    https://www.boards.ie/discussion/2058338063/change-a-day-night-meter-to-24-hour-meter

    But yes, there are 24hr Smart plans available now.



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    #3
    pgtipz
    Registered Users Posts: 18 ✭pgtipz


    Interesting topic - my story, smart meter installed Oct.'23 but was told at the time I would not need to configure new meter as 'Smart'. Nov '23 joined Yuno on day/night plan (as we consume approx 50% of electricity at night - heat pump & ev). With recent market prices decrease I began shopping around - saw good day/night plan with Energia BUT they told me as my meter is now configured as 'smart', I can only move to a smart tariff. I wasn't aware of that Yuno would request my meter be configured as 'smart' and apparently asked ESB networks to expedite the process in Jan-24 (I must have missed it in the Yuno T&C's 😔). This won't help with smart meter adoption as there is a real price disincentive to moving to Energia smart v non smart day/night plan (See below). Using https://www.energypal.ie/ custom pricing feature I would save approx €300 per year on the 'legacy' non smart day/night plan with Energia. Plus Yuno will not allow me to re-configure the meter to 'non-smart' (ESB networks have said they can but only if requested to do so by current supplier). (prices below include VAT)

    image.png

    I get the benefits of smart meters and better usage insights but not at €300 per year more as in this case - we should be trying to encourage not disincentive - something I hope the CRU is looking at.



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