Smart meters not so smart for electricity bills
From Stop Smart Meters Australia:
Excerpt:
New research released by The Australia Institute shows that “˜time of use pricing”™ facilitated by smart meters is likely to drive up household energy costs.
Electricity companies and regulators have pushed for higher electricity prices at peak times, as well as higher “˜shoulder”™ periods. In theory, this incentivises households to move their energy consumption to times of the day when it is cheaper for companies to provide it.
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