20 Sep '12, 7am

Smart meter rollout to save UK £14bn by 2030 - 20 Sep 2012 - News from BusinessGreen via @businessgreen

Smart meters alone could save UK SMEs between four and five per cent on their energy bills, while the whole country could benefit to the tune of £14bn after the costs of a national rollout are considered. The government intends to replace over 53 million gas and electricity meters in homes and businesses across the country by 2019 to give customers more accurate bills and help them reduce their energy consumption. FURTHER READING Report: Consumers back smart meters... once they know what they are SenseLogix secures £1m smart meter funding This programme will cost around £11.5bn between 2012 and 2030, but bring in benefits of £25.3bn, according to new research to be published today by British Gas and consultancy Oxford Economics. The utility, which has a strong interest in the area given it has already installed 600,000 smart meters under its own rollout programme, says a t...

Full article: http://www.businessgreen.com/bg/news/2206747/smart-meter-...

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