The ability to monitor and record energy consumption allow you to analyse your energy use and take steps to use it efficiently. Save energy = Save money.
The metering and monitoring system allows you to set up you meters and either manually or automatically record your consumption data.
"The government has unveiled plans for every home in Britain to be equipped with smart meters"
"I've managed to save about a tenth, both on energy and gas, since having the smart meter because its made me conscious of the energy I'm using" - BBC News Report
Part L2 regulatory requirement is to reduce building energy
Save Carbon & Save Energy
(GPG348)