The pros and cons of smart meters: Are they any good?

Gas and electricity prices may be falling, but smart meters could still help you budget. We compare them to regular meters and consider whether it’s worth getting one

Close-up View Of Smart Meter
(Image credit: Getty Images)

Installing a smart meter could help you pay less for your energy, but not everyone is convinced by the technology.

While gas and electricity prices are set to drop this summer, typical bills under the July Ofgem energy price cap are still 42% higher than they were during the winter of 2021, the latest government data reveals.

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Daniel is a digital journalist at Moneyweek and enjoys writing about personal finance, economics, and politics. He previously worked at The Economist in their Audience team.

Daniel studied History at Emmanuel College, Cambridge and specialised in the history of political thought. In his free time, he likes reading, listening to music, and cooking overambitious meals.