I have a power supply in my cellar, connected to my meter. I allow my neighbour to use it in the workshop in his cellar, but am concerned to know the real cost useage. Will this device allow me to measure this, and tell him the real cost?

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Yes, that should work. However, I wouldn't buy such a device for that reason. It would be easier to estimate the approximate costs and agree on an amount with the neighbour.

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Question about Steffen digital brilliant

I have a power supply in my cellar, connected to my meter. I allow my neighbour to use it in the workshop in his cellar, but am concerned to know the real cost useage. Will this device allow me to measure this, and tell him the real cost?