--- title: What is the cost of installing a smart meter? description: A meter exchange may cost money, but your smart meter should save you money. Click here to see costs. --- [Skip to content](https://help.ioenergy.com.au/what-is-the-cost-of-installing-a-smart-meter#main-content) English Show submenu for translations ![io-logo-800x800px.png\]](https://help.ioenergy.com.au/hs-fs/hubfs/io-logo-800x800px.png?width=50&height=50&name=io-logo-800x800px.png) - Quick Links Show submenu for Quick Links - Products - Business - Residential - Why Choose iO - Support Show submenu for Support - Hardship - Basic Plan Info Documents - FAQ - Reach Us Show submenu for Reach Us - hello@ioenergy.com.au - Contact Us Open main navigation Close main navigation - Quick Links Show submenu for Quick Links - Products - Business - Residential - Why Choose iO - Support Show submenu for Support - Hardship - Basic Plan Info Documents - FAQ - Reach Us Show submenu for Reach Us - hello@ioenergy.com.au - Contact Us - English Show submenu for translations - Go to ioenergy.com.au Go to ioenergy.com.au Hello! How can we help you? - There are no suggestions because the search field is empty. 1. [iO Energy Knowledge Base](https://help.ioenergy.com.au/?hsLang=en) 2. [Metering](https://help.ioenergy.com.au/metering?hsLang=en) 3. [Installation](https://help.ioenergy.com.au/metering?hsLang=en#installation) # What is the cost of installing a smart meter? ## A meter exchange may cost money, but your smart meter should save you money. We charge $149 to organise for a technician to attend and remove and exchange your current electricity meter. There may also be additional charges if your property's electrical infrastructure requires is not up to standard and/or requires extra work. There are three costs in installing a smart meter: - The cost of the meter itself - The cost of organising the meter installation - The cost of on-site electrical works ### **Cost of the meter: $0** Smart meters are advanced pieces of technology worth approximately $1,500 but you do not need to buy them upfront. Our metering company will pay for that, and we will bundle their charges into your electricity supply. ### **Cost of meter exchange: $149** Some meter exchanges can be administratively complex (for us not you) so we charge $149 to organise and administer the installation of a smart meter. *NB: Many large electrical retailers do not charge an administration fee because they can absorb the cost of the work. You may wish to ask them for a meter exchange.* ### **Cost of unanticipated electrical works: Per quote** Additional site-specific costs are rare but may arise where: - your electrical infrastructure is unsafe to work on, or - disconnection would interrupt your neighbours' electricity supply. Please let us know in advance if you know there will be a problem. It causes unnecessary delay if we find out only when the technician arrives. If you have this issue you can opt for a temporary isolation or a permanent upgrade. A temporary isolation is where your network company sends technicians to temporarily bypass your property so your meter can be disconnected. This may cost a few hundred dollars, per your network operator's quote, which we will seek your approval for. Alternatively you can employ a private electrician to permanently upgrade the infrastructure so that it can be disconnected at any time. 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