The Telegraph also reports that smart metering could have major effects on the British public's efforts to simultaneously reduce their energy bills and become more efficient.
Speaking to the newspaper, Green Alliance direct Stephen Hale said: "Smart features have not had much recognition as environmental solutions but our new report makes their potential clear.
"The government needs to recognise that smart electricity meters are the critical first step in introducing a wider range of green smart features into homes."
Green Alliance was established in 1979 by a cross-party group of politicians and professionals and aims to encourage the government to implement more eco-friendly measures across Britain.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.