Energy Monitors Explained
Energy monitors are an easy-to-fit device that measures your energy consumption and usage habits. Learn more about energy monitors and how they can help you to be more efficient.
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What Is An Energy Monitor?
Energy monitors work with your electricity meter to give you an approximation of your energy consumption throughout the day, quite similar to a half hourly meter. They DO NOT speak to your energy supplier and will not affect your bill. Though they are more common in homes, they will also work just as well in businesses.
What Do Energy Monitors Do?
Energy monitors will help you identify devices and activities that use large amounts of electricity so you can change habits to save money. If you’re looking to reduce your energy consumption then it can be a good purchase.
It won’t save you money directly but will give you an indication of how you can change your behaviour to save money.
How Do Energy Monitors Work?
The actual sensor will clip onto your electricity meter, so it can measure the current that flows through it and measure your usage. Attached to this sensor is a transmitter, which then transmits the reading to your wireless display.
It will measure all sorts of things like costs, power usage, and CO2 emissions.
Do I Need An Energy Monitor If I Have A Smart Meter?
If you already have a smart meter, you probably won't need an energy monitor as your smart meter will keep you informed of your consumption. As all smart meters and energy monitors have different levels of functionality make sure you check if your existing set-up can do what you want before you buy any more equipment.
Can I Get A Free Energy Monitor?
You can easily pick one up online from Amazon or a supplier's site. There are some reviews at Which? To help you decide.
Some suppliers offer free energy monitors with certain tariffs, however, that doesn’t mean you’ll be on the cheapest rates and may end up losing money if you’re not careful. The price of one could be less than the savings you'd make by taking a tariff that gets you one free and has higher rates.
Ensure you always compare prices to find the best energy tariff for your home energy or business energy.
Can Having An Energy Monitor Save Money?
Once you've got your one set up, you can start finding ways to save money like identifying how much money you waste leaving appliances on overnight, or if you would benefit from an economy 7 meter (which we can find you a cheap tariff for by the way).
While you're thinking about how you could put one to use, why not also get a free online comparison of your home or business energy? Your household bills could be reduced by up to £200 a year and you can switch completely online in 10 minutes. Businesses can compare energy prices online too and we could save you up to 40% per year, that's money straight off your bottom line.