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Tag Archives: smart meter rollout
The government has pledged to offer a smart meter to every home in the UK by 2020. These digital energy meters are supposed to help us save money on bills by making us more aware of our energy use. However, last week it was revealed that so far only 3.3 million of the 53 million planned have been installed. Not only that, but studies have found that smart meters only result in savings of 3% or less – not great news when the scheme is due to cost consumers £11 billion! These ‘free’ meters are actually paid for by increased bills and most cannot be transferred if you want to switch energy companies. With winter approaching quickly it seems we may need to find smarter ways to save money on heating bills; read on for some great tips.