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UK hits another smart meter set-back, only £11 benefit to consumers

In the latest unsurprising UK smart meter revelation, the estimated annual saving for consumers who opt for a smart meter has been revised downward – to just £11. Those using the technologies for both gas and electricity stand to save a whopping £26. The findings come from a new parliamentary report, supported by 92 MPs and peers, who are rather critical of the national program’s performance. Fundamentally, focusing on the potential cost savings for the consumer was a poor decision, chiefly because the only apparent cost to the average consumer was whatever burden inflicted by having to manually read a meter and send a letter, text, or email off to their utility. As such, whenever the saving benefit is invoked,…

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