This piece gives a good overview of the issues. Basically the government are desperate to get the public to install these meters. They claim it's to "help them cut their bills", but the truth is that the likely savings are minimal, whereas the cost of installing them is £420 per house.
This article gives more details. At the end of the article is a piece about the smart meters project being way behind target. The article mentions "an end to estimated billing" and "real-time information" being sent from these meters. What they don't say is that this is likely (almost certain) to lead to real-time pricing and automatic switching off of smart appliances. These meters will lead to customers finding it virtually impossible to check their bills and lay them open to being over-charged. Before this can happen the government need the majority of people to sign up. Let's hope they continue to be wary of this "big brother" project, disguised as a money-saving scheme.
This article gives more details. At the end of the article is a piece about the smart meters project being way behind target. The article mentions "an end to estimated billing" and "real-time information" being sent from these meters. What they don't say is that this is likely (almost certain) to lead to real-time pricing and automatic switching off of smart appliances. These meters will lead to customers finding it virtually impossible to check their bills and lay them open to being over-charged. Before this can happen the government need the majority of people to sign up. Let's hope they continue to be wary of this "big brother" project, disguised as a money-saving scheme.
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