{"id":85208,"date":"2024-07-11T06:14:48","date_gmt":"2024-07-10T20:44:48","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=85208"},"modified":"2024-07-11T06:14:48","modified_gmt":"2024-07-10T20:44:48","slug":"smart-meters-cefc-mb2961","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/smart-meters-cefc-mb2961\/","title":{"rendered":"More Funding For Australia&#8217;s Smart Meter Rollout"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-85209\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/smart-meters-cefc.jpg\" alt=\"Smart meters in Australia\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/smart-meters-cefc.jpg 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/smart-meters-cefc-300x158.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/smart-meters-cefc-1024x538.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/smart-meters-cefc-768x403.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>A $50 million Clean Energy Finance Corporation (CEFC) loan announced yesterday will help support and accelerate smart meter uptake in Australia.<!--more--><\/p>\n<p>A smart meter is a device measuring electricity use and exports in at least 30-minute intervals, information that is sent to an electricity retailer for billing purposes. If you&#8217;re in Victoria, on a time-of-use electricity plan, or had a solar power system installed in the last few years, you&#8217;ll have a smart meter. It&#8217;s also been a national rule for years that all new and replacement meters are smart meters.<\/p>\n<p>Smart meters:<\/p>\n<ul>\n<li>Do away with the need for manual or estimated meter reads.<\/li>\n<li>Allow disconnections\/reconnections to be carried out remotely &#8211; no need for a tech to visit.<\/li>\n<li>Enable electricity customers to get a better handle on how and when they use electricity.<\/li>\n<li>Monitor power quality and notify the relevant distributor if there&#8217;s a problem.<\/li>\n<li>Can provide access to <a href=\"https:\/\/www.solarquotes.com.au\/energy\/\">electricity plans<\/a> with pricing that varies according to the time of day (time-of-use).<\/li>\n<li>Enhance coordination of consumer energy resources.<\/li>\n<\/ul>\n<blockquote><p>\u201cMore smart meters mean more visibility, choice and control for small businesses and families when it comes to electricity consumption and bills,&#8221; <a href=\"https:\/\/minister.dcceew.gov.au\/bowen\/media-releases\/joint-media-release-50-million-give-consumers-more-control-over-household-energy\">says<\/a> Federal Assistant Minister for Climate Change and Energy Jenny McAllister.<\/p><\/blockquote>\n<p>Earlier this year, the Australian Energy Market Commission (AEMC) published its draft determination\/rule for accelerating smart meter deployment in Australia; reforms paving the way for universal uptake by 2030. Achieving that won&#8217;t be a slam dunk. Outside of Victoria, smart meter uptake in other states and territories <a href=\"https:\/\/www.aemc.gov.au\/sites\/default\/files\/2023-08\/emo0040_-_metering_review_-_final_report.pdf\">is around 30%<\/a>. And at the installation rate of last year, full deployment may not happen until after 2040.<\/p>\n<p>The $50 million CEFC loan commitment will enable smart meter provider <a href=\"https:\/\/www.intellihub.com.au\/\">Intellihub<\/a> to ramp up deployment and also lift investment in smart behind the meter (BTM) devices.\u00a0 Intellihub provides metering devices and services to more than 50 energy retailers across Australia and New Zealand, and manages more than 2.5 million smart meters.<\/p>\n<blockquote><p>&#8220;We believe our work in facilitating greater take up and coordination of consumer energy resource devices can make a meaningful impact on the stability of the grid,&#8221; <a href=\"https:\/\/www.cefc.com.au\/media\/media-release\/cefc-backs-smart-tech-to-give-consumers-power-over-their-own-energy-systems\/\">said<\/a> Intellihub CEO Wes Ballantine. &#8220;The support of the CEFC is helping us make that vision a reality.\u201d<\/p><\/blockquote>\n<p>This loan isn&#8217;t the CEFC&#8217;s first dealings with Intellihub &#8211; it was an early investor in the company, and has provided other funding since.<\/p>\n<h2>Smart Meter Rollout Not All Sunshine And Puppies<\/h2>\n<p>While smart meters are an important part of the energy transition, some electricity retailers have reportedly been behaving badly.<\/p>\n<p>Among the issues reported, unexpected changes to a household\u2019s electricity tariffs can occur after a smart meter is installed. The <a href=\"https:\/\/www.solarquotes.com.au\/blog\/aemc-electricity-tariffs-mb2942\/\">situation has the AEMC&#8217;s attention<\/a> and it has committed to investigating tariff issues linked to the rollout, along with a broader tariff pricing review. AEMC Chair Anna Collyer said last month the Commission did not want to &#8220;blindly push ahead&#8221; on accelerated deployment without considering what more it can do to address concerns.<\/p>\n<h2>Making Smart Meter Data Work For You<\/h2>\n<p>If you have a smart meter, you&#8217;re not limited to the information provided by electricity retailers. You can also access <a href=\"https:\/\/support.solarquotes.com.au\/hc\/en-us\/articles\/360001312176-How-Do-I-Access-my-Smart-Meter-Data\">smart meter data in an NEM12 file<\/a> to do with as you will.<\/p>\n<p>Here on SolarQuotes, a couple of tools have been recently created to turn that NEM12 data into something useful for households with solar power systems. One is the new SQ <a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/calculator\/\">Battery Calculator<\/a>, which provides detailed savings and payback information based on your real-life 12- month usage. The other is our &#8220;<a href=\"https:\/\/www.solarquotes.com.au\/tools\/sun-tax-calculator\/\">Sun Tax&#8221; Calculator<\/a>&#8220;, which indicates how much solar export charges\u00a0 &#8211; part of <a href=\"https:\/\/www.solarquotes.com.au\/blog\/sun-tax-calculator-guide-mb2958\/\">two-way pricing<\/a> some electricity distributors are introducing &#8211; could affect you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A $50 million Clean Energy Finance Corporation (CEFC) loan announced yesterday will help support and accelerate smart meter uptake in Australia.<\/p>\n","protected":false},"author":17,"featured_media":85209,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-85208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More Funding For Australia&#039;s Smart Meter Rollout<\/title>\n<meta name=\"description\" content=\"A $50 million Clean Energy Finance Corporation loan announced yesterday will help support and accelerate smart meter uptake in Australia.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/smart-meters-cefc-mb2961\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More Funding For Australia&#039;s Smart Meter Rollout\" \/>\n<meta property=\"og:description\" content=\"A $50 million Clean Energy Finance Corporation loan announced yesterday will help support and accelerate smart meter uptake in Australia.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/smart-meters-cefc-mb2961\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-10T20:44:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/smart-meters-cefc.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/smart-meters-cefc-mb2961\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/smart-meters-cefc-mb2961\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"More Funding For Australia&#8217;s Smart Meter Rollout\",\"datePublished\":\"2024-07-10T20:44:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/smart-meters-cefc-mb2961\/\"},\"wordCount\":616,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/smart-meters-cefc-mb2961\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/smart-meters-cefc.jpg\",\"articleSection\":[\"General Solar &amp; 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A Territory government owned corporation, it distributes electricity to more than 244,000 Territorians across 1.3 million km2. The\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NT smart meter rollout","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/powerwater-smart-meters-3.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/powerwater-smart-meters-3.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/powerwater-smart-meters-3.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/powerwater-smart-meters-3.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/powerwater-smart-meters-3.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":86872,"url":"https:\/\/www.solarquotes.com.au\/blog\/australia-smart-meters-mb3015\/","url_meta":{"origin":85208,"position":1},"title":"Australian Smart Meter Rollout: When Will It Be Complete?","author":"Michael Bloch","date":"September 25, 2024","format":false,"excerpt":"Smart meters are transforming how Australians monitor and manage their electricity usage, especially for solar system owners. But how close are we to a full rollout, and what challenges remain? The Australian Energy Regulator published its 2024 electricity and gas networks performance report last week, which included an update on\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Smart meters - Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":96201,"url":"https:\/\/www.solarquotes.com.au\/blog\/three-hours-of-free-power-need-a-smart-meter\/","url_meta":{"origin":85208,"position":2},"title":"Want Three Hours Of Free Power? You&#8217;ll Need A Smart Meter","author":"Ronald Brakels","date":"February 4, 2026","format":false,"excerpt":"Many Australians will have access to plans with three hours of free power from July, but there's a catch: you'll need a smart meter. This means there will be a stampede of people after them in a few months time. Here's why getting your old analog meter upgraded now is\u2026","rel":"","context":"In &quot;Energy Efficiency&quot;","block_context":{"text":"Energy Efficiency","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/energy-efficiency\/"},"img":{"alt_text":"Smart meters - Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/09\/smart-meters-australia.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":85236,"url":"https:\/\/www.solarquotes.com.au\/blog\/nt-switchboard-fuse-alert-mb2963\/","url_meta":{"origin":85208,"position":3},"title":"NT Service Fuse Safety Alert And Smart Meter Rollout Update","author":"Michael Bloch","date":"July 15, 2024","format":false,"excerpt":"If your electricity meter box looks like this, it's time to do something about it says Northern Territory's WorkSafe. NT WorkSafe is warning households and electrical workers of the risk of electric shock from damaged service fuse holders used in meter boxes found in homes built before 2014. Power and\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Electricity meter box safety alert","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/service-fuse-meter-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/service-fuse-meter-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/service-fuse-meter-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/service-fuse-meter-2.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/07\/service-fuse-meter-2.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":86246,"url":"https:\/\/www.solarquotes.com.au\/blog\/smart-meters-protections-mb2991\/","url_meta":{"origin":85208,"position":4},"title":"Proposed Changes Seek To Stop Smart Meter Shenanigans","author":"Michael Bloch","date":"August 22, 2024","format":false,"excerpt":"Australian households getting a smart meter installed will have better protection from electricity retailers behaving badly under proposed changes from the AEMC. A smart meter measures electricity use (and exports in the case of solar homes) at regular intervals, sending this information to a household's electricity retailer for billing purposes.\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Smart meters - Australian consumer protections","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/smart-meter-protection.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/smart-meter-protection.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/smart-meter-protection.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/smart-meter-protection.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/08\/smart-meter-protection.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":89373,"url":"https:\/\/www.solarquotes.com.au\/blog\/smart-meter-rights-mb3112\/","url_meta":{"origin":85208,"position":5},"title":"Smart Meter Upgrades: Know Your Rights","author":"Michael Bloch","date":"February 7, 2025","format":false,"excerpt":"If you wish to upgrade to a smart meter, or if your electricity retailer wants to upgrade your current meter to a smart device, here's what you need to know. A smart (advanced) meter records electricity consumption - and exports where the home has solar panels - in 5- to\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Smart meter upgrades in Australia - Consumer rights.","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/02\/smart-meter-consumer-rights.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/02\/smart-meter-consumer-rights.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/02\/smart-meter-consumer-rights.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/02\/smart-meter-consumer-rights.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/02\/smart-meter-consumer-rights.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/85208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=85208"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/85208\/revisions"}],"predecessor-version":[{"id":85213,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/85208\/revisions\/85213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/85209"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=85208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=85208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=85208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}