Smart meter plan 'will reduce energy bills' - Gas and electricity - News - Moneyfacts

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Smart meter plan 'will reduce energy bills'

Smart meter plan 'will reduce energy bills'

Category: Gas and electricity

Updated: 12/05/2009
First Published: 12/05/2009

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This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
The government has announced plans for all homes in Britain to have smart meters installed by 2020.

It is hoped that the move will help consumers to reduce their energy consumption - allowing them to see exactly how much they are using and therefore reduce gas & electricity bills.

Energy and climate change secretary Ed Miliband explained that the meters currently installed are outdated and that the initiative should lead to the end of inaccurate bills and estimated readings.

"Smart meters will empower all consumers to monitor their own energy use and make reductions in energy consumption and carbon emissions as a result," he said.

Remote readings are to be taken by the meters, while a display will allow usage to be monitored.

The government recently revealed that the Warm Front scheme is being expanded, in order to provide larger grants to help people on benefits reduce fuel bills by installing insulation.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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