A smart meter can show when you use electricity, but it does not reduce your bill by itself. Check your retailer’s app or online account for usage patterns, then shift flexible activities such as washing, dishwashing and pool pumping to cheaper periods if your plan has time-of-use rates. Compare your current plan with other offers using your bills and the Victorian, NSW, Queensland or Australian Energy Regulator comparison service relevant to your area. Ask your retailer how your tariff works, as savings depend on your usage, meter data and the plan available to you.