Traditional mechanical electricity meters are only able to measure total electricity usage. Modern LoadSmart ‘smart’ meters record how much electricity is used in half hour periods and have an internal clock to record the time of day and date when the electricity is used.
To find out how much you may have saved using LoadSmart enter your electricity details into the calculator below.
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Meter installations and upgrades
The new meters and LoadSmart pricing will be rolled out progressively over the next decade as part of a long term plan to help reduce the increasing peaks in electricity demand by spreading electricity consumption more evenly across the day. Federal and state governments have committed to installing smart meters to electricity customers around Australia in the years ahead.
All EnergyAustralia small and medium business customers who have electricity bills greater than about $4,000 a year are currently changing over to LoadSmart meters and rates.
LoadSmart meters are also now the standard installed when customers require a new meter, such as in new properties or where their electrical installation is being upgraded.