02 Jul '11, 7am

Risks of smart meter rollout raised by NAO:

There are some major risks that remain regarding the rollout of smart meters to UK homes which, if unsolved, will mean the scheme is not cost effective, the National Audit Office (NAO) has said. It has conducted a report of the £11.3 billion programme, finding that the Department for Energy and Climate Change has not demonstrated that it achieves full value for money. Therefore, it has called on the department to address certain issues, including the concern that smart meters might not result in the level of savings expected. Under government plans, smart meters will be installed in every home between 2014 and 2019, giving real-time energy readings to companies and helping households monitor and reduce their energy use. Commenting on the report, Zoe McLeod, energy expert at Consumer Focus, said: " Smart meters have significant potential benefits for consumers but only if t...

Full article: http://www.energysavingtrust.org.uk/Resources/Energy-savi...

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