Around 60,000 households are to be invited to take part in the first phase of electricity smart metering to cut costs and save energy, it was revealed today.
The boxes will be fitted free of charge to read usage in homes every half an hour giving suppliers accurate billing information and time-of-use pricing.
The main aims are to ensure power plants are not wasting energy and save consumers money.
The Department of Communications, Energy and Natural Resources hope to fit one of the meters in every home in the country over the next four years.
Described as the next generation of electricity meters, Energy Minister Eamon Ryan said the cutting edge system was crucial to saving energy and money.
“When customers realise how much they can save and the carbon reductions that ensue I believe they will find these meters one of the smartest devices ever installed in their homes,” Mr Ryan said.
Only 21,000 out of the 60,000 people invited will be allowed to take part in the initial free phase as the Government conducts a trial ahead of the national roll-out.
Households which take part will get €50 knocked off their next electricity bill.
Padraig McManus, ESB chief executive, said it was a significant milestone in bringing Smart Meters to all electricity customers.
“Smart Metering will enable customers to carefully manage their electricity consumption,” he said.
“It is the first step in the development of a smart and sustainable electricity network for Ireland.”