Currently I read the electricity and gas meters at the end of each month, fill in an online form, and pay for the actual usage near the middle of the following month. I'm very happy with this arrangement.
My supplier (First Utility) has offered me free "smart meters".
Experience tells me that if something is free there must be a downside, but I can't see it. Is there one? Is this a consumer-subsidised scheme like those "free" CFLs?