Smart Meter Trial Approved in NSW to Enhance Energy Management

Published on October 15, 2024

The Australian Energy Regulator (AER) has approved a “sandboxing” trial involving 5,600 smart meters in New South Wales to demonstrate their benefits for consumers and the energy market. This trial, to be implemented by Endeavour Energy, is enabled by new regulatory powers that allow a time-limited waiver from specific requirements through the Energy Innovation Toolkit. It involves smart meters across Greater Western Sydney, the Blue Mountains, the Southern Highlands, and the Illawarra region, and is set to conclude in 2025. “Such energy innovation will play a vital role in delivering benefits to consumers in the future,” AER Chair Clare Savage said. Smart meters are designed to provide customers with real-time online information about their electricity consumption, allowing consumers to take control of their energy use. This enables access to deals that incentivise shifting consumption to lower-demand periods, potentially reducing energy bills....

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