Smart Meters: Worth the Effort or Not?
By Leigh Teixeira
The installation of smart meters in UK homes has been delayed by the Government for over a year. It was initially intended to start next summer but has now been postponed till autumn of 2015.
According to the Department Of Energy And Climate Change the delays are due to the system still being in the testing phase to ensure the utmost accuracy when it is eventually rolled out.
Smart meter technology allows for accurate information on how much gas or electricity has been used. On a monthly basis this information will automatically be sent to suppliers and thus allow them to send their customers accurate bills without having to rely on estimations.
Ed Davey, the Energy Secretary has said that to rollout this project on a national scale will be a massive technological and logistical challenge for the energy industry. Ensuring that this is put into effect is one of the top priorities for Government.
Experts on the matter feel that the delays will work in favor of the consumer as this will ensure that when the meters are eventually installed there is a much smaller chance of a problem occurring.
Some suppliers are already installing smart meters in homes and businesses. At the moment British Gas is just installing them in businesses but they will install it in private residential homes at a cost should it specifically be requested before the official roll out.
It is estimated that to install smart meters in homes and businesses throughout the UK will cost around £11 billion. It makes one wonder if at this price itís actually worth it.
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