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Australians to Gain Real-Time Insight into Energy Use Under AEMC’s New Proposal

New AEMC reforms could give Aussie households more control over their energy usage, costs, and access to better deals.

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Important Points

  • From 1 January 2028, all new smart meters will include real-time data capabilities, giving households instant insights into their power use.

  • Australians will be able to see exactly how much energy they’re using and when, helping them make smarter decisions and potentially lower their bills.

  • The estimated cost for this reform is just around $0.66 per meter per year, which the AEMC says is affordable for consumers.

Aussie households may get more control over their electricity usage and costs, thanks a new proposal by the Australian Energy Market Commission (AEMC). These reforms will provide access to real-time energy data and could make it easier for consumers to find a more competitive energy plan.

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Real-Time Energy Data Access for Households

Starting 1 January 2028, all new smart meters installed in Australia must support real-time data capabilities, according to the latest draft ruling by the Australian Energy Market Commission (AEMC).

This means consumers will be able to get access to near-live readings of how much electricity you’re using and when you’re using it. This change means you’ll be able to track your consumption as it happens, not just when your monthly bill arrives.

The estimated cost of this upgrade is only about $0.66 per meter per year, which, according to the AEMC says is manageable for consumers.

Note: This figure may change depending on the final ruling.

Did You Know?

Victorian households already have access to real-time energy data after the smart meter mandate was passed back in 2006. The introduction of this reform gives other states the same benefit.

But data alone isn’t the whole story. Equally important is how easy it is for you to act on it. Recently, the AEMC finalised a new rule that forces energy retailers to provide more transparency around promoting better offers. This goes into effect on 30 December 2026.

With real-time energy data, combined with a more concerted effort from energy retailers to notify you about better deals, you may be able to stay on top of your bills if they’re higher than the market average.

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What Does This Mean For You?

First, you’re going to have tools to see what you’re using, when you’re using it and how much it’s costing you. When you know that, you can make smarter decisions about timing (e.g., running appliances at off-peak hours).

You might notice your air conditioner or dryer is using most of your electricity during the late afternoon, when costs are often higher. Simply moving those tasks to later at night or during the day could make a real difference to your bill.

That said, not everyone can take advantage of these cheaper “off-peak” hours just yet. Some households are still on a single-rate plan, which means you pay the same price no matter when you use power. But that’s where real-time data still helps, it shows you what’s using the most energy, so you can decide whether switching plans or changing habits will save you more.

Of course, it won’t happen overnight for everyone. If you already have an old meter that doesn’t support real-time data, you may have to wait or request an upgrade. The new meter standards only apply to installations from 2028, so older meters may persist for some time.

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Benjamin Tom