I just had my meter replaced with a smart meter. I was previously on 29c/kWh for power and 16c/kWh for controller load 1 for hot water. Less than a week after a smart meter was installed I got an email to notify me that I had been changed to peak 36c/shoulder 35c/off peak 18c/kWh charges and changed to controlled load 2 for hot water. I have tried contacting AGL and they said it was because of the meter installed. This is a 28% increase in my usage charges.