A 2017 University of Canberra report stated that the introduction of electricity smart meters in Victoria had not been a success based on cost-benefit analysis, with overall costs significantly outweighing any savings.
The same report said that smart meters risk being hacked.
Other observed disadvantages of smart meters include a substantial rise in household utility bills, and adverse health effects for some people from a device that wirelessly emits pulsed microwaves 24 hours a day, every day.
Perversely nonetheless, the Australian Energy Market Commission made a new rule intended to open up competition in metering and to facilitate deployment of smart meters (type 4 meters).
The new arrangements begin on December 1, 2017 in SA, Qld, NSW, Tasmania and the ACT. Customers can opt out if they have a working meter. But after December 1, all new meters will be smart meters, through one’s electricity retailer.
Stop Smart Meters Australia asks whether this is the slippery slope to much wider use of smart meters, and advise sending a refusal notice to retailers in advance of December.
By doing so, a type 4A meter can be supplied in future if required, that is one with its wireless capabilities not enabled, but still able to be read by a meter reading person.
Murray May, Cook