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"It's all supposed to make us more aware of how we use energy. British Gas' smart meter equipment, for example, uses a traffic light system showing a red light when you're using a lot of energy, amber for moderate use and green for low use.
So the smart meter sends usage data wirelessly and automatically to your energy supplier while the energy monitors (or IHD) shows you information about your gas and electricity use. "
Read more >>>http://www.moneysupermarket.com/c/news/smart-meters%E2%80%93everything-you-need-to-know/0026366/
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