Are mandated for every British home by 2020:
Every home in the UK must be fitted with a โsmart meterโ by 2020 to reduce energy use and pave the way for a low-carbon โsmart gridโ, under plans unveiled by the government today.
The new meters will send information on real-time electricity and gas use in households and small businesses direct to utility companies, eliminating the need for customers to stay at home for meter readings or to receive over-estimated bills. However, consumers are likely to pick up some of the costs of the compulsory, nationwide scheme.
The government estimates putting smart meters in the countryโs 26m homes could save customers and energy companies ยฃ2.5bn-ยฃ3.6bn over the next 20 years, but says it will cost more than double this to buy and install the equipment.
Customers should also expect time-of-day pricing for the electricity they use. Run the dishwasher on an August afternooon at your own peril.





Comments