Detailed control and interaction with local generation may require more advanced meters to be fitted.
The report explains how smart meters work, the differences SMETS1 and SMETS2 meters and the failings of both. It describes more advanced meters that are available.
Smart meters of type SMETS2 could allow consumers to take advantage of new tariffs. Some of these give lower electricity prices by allowing the grid to operate more efficiently and save CO2 at a national level.