The verdict
The Tapo P125M is the budget Matter pick — Matter-enabled smart plug at $15. Cheapest Matter option.

Strengths
- +Matter support at $15
- +Compact 1.5" form factor
- +Wi-Fi + Matter dual support
- +Schedules + away mode
Watch-outs
- −No energy monitoring (Kasa EP25 has it)
- −No HomeKit native (use Matter bridge)
- −Tapo app polish trails Kasa
How it compares
Cheapest Matter pick. No energy monitor. Compact.
Who this is for
At a glance: users buying lots of Matter plugs cheaply.
Why you’d buy the TP-Link Tapo P125M Matter
- Matter support at $15.
- Compact 1.5" form factor.
- Wi-Fi + Matter dual support.
Why you’d skip it
- No energy monitoring (Kasa EP25 has it).
- No HomeKit native (use Matter bridge).
- Tapo app polish trails Kasa.
Rating sources
Our 4.5 score is the average of these published ratings. More about methodology.