Powerwatch is designed to alert you when wholesale energy prices are high and if you have a smart meter, it will recommend ways you can reduce your energy use at the time - potentially saving you hundreds of dollars on your annual electricity bills.
To arm you with more knowledge and choice, the app has several notification levels based on the wholesale market price in your State. Price spikes typically don’t last very long, so it’s essential to act fast when they do. Powerwatch gives you the power to exploit the wholesale market by using energy when it’s cheap and avoiding excess usage when it’s more expensive.
If you don’t have a Smart Meter, you will have a Basic Meter or Manually Read Interval Meter. Smart meters record your usage and the time of use and allow you to accurately reduce your usage during high price periods and proportionately avoid the associated cost. For those with accumulation meters, Powerwatch will help you understand the occurrence of high prices and your likely ability to avoid them and take advantage of when power is cheaper, reducing your overall electricity costs.
Talk to our Member Advocate Team about upgrading your meter so you can get the most out of the Powerwatch app.