How Smart Meters Empower Consumers to Save Money on Energy Bills
In an age marked by increasing concerns over energy consumption and its environmental impact, the role of smart meters has evolved from a basic tracking device to a powerful tool that empowers consumers to make decisions in regards to their energy usage and aids in reducing electricity bills . Smart meters help consumers cut energy costs : In accordance with the National Smart Grid Mission as of June 30, a total of 23 crore smart consumer meters have been approved on a pan-India basis, of which, orders for 3.65 crore meters have been granted so far. However, 66 lakh smart meters have been installed till now. Smart meters play a crucial role in allowing consumers to make informed decisions that result in significant savings on energy bills. The following points tell us how: ● Real-time monitoring :- Smart meters provide consumers with real-time awareness of their energy usage, enabling them to balance consumption habits accordingly. According to studies, households with acc