What are smart meters?

‘Smart’ meters are meters that record data every 15 to 30 minutes (also known as interval data) and send the data back daily to the meter owner/data provider.

Smart meters are classified as Type 1 to 4, whereas meters that store interval data (but are not remotely read) are classified as Type 5. Meters that do not store any memory are classified as Type 6 meters.  These older meters are currently being replaced by the smart meter roll out program.