Good to see that the use of smart meters is having the intended effect of empowering people to make more informed choices over their energy consumption. It is worrying however at the rate of deployment of smart meters and the target of every house having one installed by 2020 looks ambitious.

Hopefully the roll out of smart meters will have a significant cumulative effect of the population reducing their energy consumption. The adoption of smart meters will be followed by time of use tariffs. This should boost the use of residential energy storage systems to increase self consumption of PV power and avoid having to import electricity from the grid during peak times. We should also see increased adoption of energy storage systems on properties without PV so that people can charge their batteries at cheap low demand times and use it later on to avoid buying electricity at peak times.