A new energy company launches on Monday with the promise to revolutionise the industry and help you with your gas and electric bills.
First Utility is to install smart meters - the next generation of electricity and gas meters that read energy usage every 30 minutes.
It hopes to compete with the Big Six energy companies by letting homeowners see where they are spending their cash.
Mark Daeche, the co-founder of First Utility, told Sky News Online: "Trials have show that you can save up to 15% on your electric bill.
"We are from a background of telecoms. We are bringing the strengths of the telecoms industry to energy. We are bringing smart billing, we are accurate and on time. These are things that the big six just don't do."
He accused the Big Six of operating a cartel - something they deny.
"There is no transparency. They are vertically integrated which means the generator is selling to the supplier. It needs to be broken," he added.
"We need to have a liquid wholesale market where we can go and purchase then it's clear to everyone what the prices are."
So how does the smart meter work?
It is a box fitted to a wall in your home, telling consumers and suppliers how much energy is being used at any given moment.
The information can be sent to our televisions, mobile phones or PCs. It could eventually be broken down by appliance - so letting you see, for example, how much electricity your kettle is using.
First Utility promises a three way tariff with a cheaper rate.
"We will be offering 9p/kilowat compared to the 14p/kilowat that some other firms charge," added Mr Daeche.
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