How can I make the most of my smart meter and can it save me money on my bills?

Less than 40,000 of Ireland's one million smart meters are being used to their full potential. Here's everything you need to know about using a smart meter to its full potential

Once installed, the smart meter will send automatic readings to your supplier. Picture: iStock

What is a smart meter and why are they in the news?

Every property (business and residential) is getting changed to a smart meter as part of massive infrastructural investment. If you have not gotten one already, it’s only a matter of time until you are switched over from the traditional meter box with the rotating wheel to a digital smart meter that communicates with your energy supplier in 30-minute intervals (providing you opt-in to allowing your supplier to process your data).