The rollout of smart meters across Britain could be costly, be out of date before it is completed, and could have detrimental impact on vulnerable customers. Those were the fears of the Public Accounts Committee (PAC) in a new report on the rollout.
Committee chair Margaret Hodge MP said the £215 cost per home of smart meters was “an additional cost people can ill afford”. Customers would save just 2% on the average annual bill of £1,328 by the time the roll out is complete, and “Even this is conditional on consumers changing their behaviour and cutting their energy use.”