Greener households? The effectiveness of smart meters in reducing energy consumption levels in the DACH region

With public opinion shifting to a believe in climate change in the early 2000s the interest in energy efficiency has been increasing. EU Directives set the goal of deploying smart meters if cost efficient for providing more detailed energy consumption. The main goal is to better inform consumers and to give individual households the power to change possibly energy wasting behaviours. This paper evaluates through a literature review the effectiveness of intelligent electricity metering systems with a focus on the DACH region, the provision of different types of feedback and its persistence. It can be concluded that energy feedback enabled by smart meters can lead to savings in the range of 0% to 4.5% in this region. If feedback is provided continuously savings persist. However, several aspects have to be considered to ensure effectiveness of smart meter deployment.