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The U.K. government is asking energy companies to install 'smart' electricity and gas meters in all homes by 2020.

The benefits would include :

    #   helping consumers to control the amount of energy they use;

    #   encouraging people to be aware of their energy consumption; there is evidence that this could reduce energy use by 20% a year;

    #  allowing energy companies to read customers' meters remotely without the need to physically check meters in people's homes;

    #  helping to encourage and manage domestic energy generation from solar panels and wind turbines;

    #   eliminating the need for estimated bills;

    #   frequent checks on levels of energy consumption throughout the day, allowing generators to produce supplies more economically;

    #  enabling users to compare the prices of different energy suppliers.

The Department for Energy and Climate Change estimates that the meters would save vast sums for both consumers and energy companies as well as reduce energy consumption.

There are nevertheless some causes for concern. Experience with millions of smart meters already in use worldwide shows that they could be used for cyber attacks on a national grid. Data theft could also be a problem.

There is also disagreement about who would pay the cost of installing the meters.


Energy Saving Trust