Homes in Bandon will be the first in Ireland to receive new smart electricity meters from the ESB this autumn.
ESB Networks will begin the process of replacing all electricity meters for homes and businesses in September.
The new smart meters will allow more accurate information on the amount of energy consumed throughout the day and will eliminate the need for estimated meter readings.
An initial 20,000 meters will be installed from September by ESB Networks in Portlaoise and Bandon.
Homes and businesses in Macroom, Clonakilty, Kinsale, Blarney, Carrigaline and their hinterlands will then be switched over by the end of 2019.
Smart meters are being rolled out across Europe and internationally and by 2020 it is expected that over 700 million will be installed globally.
ESB Networks say the replacement of over two million electricity meters over a six-year period will cost €1.2bn and the cost will be recouped from consumers over time and there will be no upfront costs.
From next month onwards, ESB Networks said they will make direct contact with customers in Bandon to arrange appointment times to replace electricity meters.
ESB Networks then plans to replace 250,000 meters between autumn 2019 and the end of 2020, with a further 500,000 meters each year from 2021 to 2024.
Paddy Hayes, Managing Director of ESB Networks said: “Ireland’s Climate Action Plan targets 70% of all electricity from renewables by 2030. Using clean electricity to power heat and transport will be key and these smart meters will ultimately support every household to play their part in Ireland’s clean energy future. We will communicate early and often with electricity customers when arranging their meter replacement.”