From The Telegraph July 6, 2014
The Â£11 billion Government plan to put ”˜smart meters”™ into every British home will be launched this week
The Â£11 billion Government plan to put ”˜smart meters”™ into every British home will be launched this week despite fears they may not work and could open the national grid up to cyber-terrorists. The meters, which are being introduced to meet EU green targets, will cost households Â£200 each in an effort to cut down energy consumption and reduce bills. However official documents have shown that the meters save less energy than predicted and five other countries who had been considering the plan have ditched it after deciding it could cost more money than it saves. Due to complex technology the metres will also not work in a third of British homes including rural houses, high-rise flats and basements. Energy companies will begin the installation of smart meters next year at a cost of at least Â£200 per home, and have admitted the expense will be passed on to customers.
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