Smart meters a waste of money, say MPs

Smart meters will only save 2% on consumers’ bills – an average £26 per household per year – according to the Public Accounts Committee (PAC) – a committee of MPs – which disagrees with the opinion of the Department of Energy and Climate Change (DECC) that smart meters will lower bills and make switching easier. “Smart meters put power into the hands of consumers, bringing an end to estimated billing and he ...

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