Did you know that the type of meter you have makes a difference to how you pay your energy bills? Do you know which meter you have installed?
There are many different types of meter out there, and it can be hard to know what the differences are. This guide explains the 6 main types of meters and the benefits of each.
This is the most common of the meter types, and also the type most people are tempted to tamper with.
They measure your usage based on how many times the dial on your meter rotates. You need to send your meter readings to your supplier regularly so you're paying for the exact amount of energy you use.
Dial meters are more complicated to read – they usually look like clocks and have 6 dials. You take the reading by looking at where the hand is pointing on each dial face.
These are simple digital displays which show your meter reading on a small screen.
Smart meters are the newest form of energy meters and are being introduced to replace the older ‘traditional' and prepayment meters. These meters have a digital display screen which shows you how much money you've spent on energy, helping you keep track of your spending and avoiding nasty surprises when the bills come at the end of the month.
Your energy supplier can tell you whether your home is suitable for a smart meter. It's their responsibility to install the equipment safely, which includes the meter, digital display and communications hub. After that, your hub sends information to your supplier using the mobile phone network, so they will bill you for what you use.
People often worry that others can steal their electricity by ‘hacking' their smart meter, but in reality, smart meters are very safe and can be really useful for keeping track of your spending and reducing the amount of wasted energy.
These are sometimes called ‘token meters' or ‘key-card meters'. Prepayment meters let you pay for your gas and electricity in advance, either on an app on your phone, by text or through a key card at a shop.
If someone often struggles to pay their energy bills, or if they are in debt with their supplier, they might put be put on a prepayment meter to help budget for the amount of energy they can afford to use.
The price per unit of energy on these meters is usually more expensive, so you should be careful before choosing this option or moving into a property with a prepayment meter already installed. Read our article the pros and cons of prepayment meters here.
Economy 7 and Economy 10 meters use a special tariff which gives you a cheaper rate for the energy you use overnight. Economy 7 meters track your usage during the day separately from your usage during the night, giving you 7 hours of cheaper energy overnight.
Economy 10 meters are similar, but you also get 3 of your cheaper hours in the afternoon. This can save you money if you tend to use energy later in the evening.
If you want to switch to one of these meters, you'll have to check with your supplier to see if you can have one installed.