Over a third of domestic energy bills are estimated and the watchdog says that the move would create more accurate bills and help consumers have a clearer picture of their energy consumption.
Energywatch remains convinced that smart meters are the ideal solution to a widespread change in customer behavior towards energy use and efficiency but wants the increase in meter reading frequency as an interim measure.
Jonathan Stearn, head of campaigns at Energywatch, said: Until consumers are given smart meters to allow them and their suppliers to see how much energy they are using in real-time, the obligation on suppliers to read meters more frequently should be stepped up. A target of reading meters at least every six months should not be beyond suppliers.