MPs launch second inquiry into smart meter rollout

The Energy and Climate Change Committee (ECC) is inviting views on addressing some of the issues related to smart meters. The UK Government’s smart meter rollout is due to take […]

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By Priyanka Shrestha

The Energy and Climate Change Committee (ECC) is inviting views on addressing some of the issues related to smart meters.

The UK Government’s smart meter rollout is due to take place between 2015 and 2020 with an estimated 53 million devices to be installed in homes and businesses by energy suppliers.

DECC estimates the rollout to cost around £12.1 billion which will be passed on to consumers. However it also claims to save them around £18.8 billion on energy costs.

The Committee investigated the potential costs and benefits of the rollout last year, highlighting five areas where more clarity was needed.

It is now looking into the progress made on the project and inviting responses addressing some of the issues, including clarity on keeping the overall costs under control, the relationship between smart meters, demand-side response and a smart grid, consumer engagement, savings and smart meter coverage.

A damning report published by the Public Accounts Committee (PAC) earlier this month warned energy customers will have to fork out £215 for the installation of smart meters that will only save 2% on their annual bill.

The deadline for the responses is the 4th of November.