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Smart meters set to cost households £215


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Beleaguered energy customers face a £215 bill for the installation of smart meters that will only save them around 3 per cent on their average annual bill by 2030, according to the public spending watchdog.

 

 

The Commons public accounts select committee estimated the smart meter rollout will cost £10.6 billion for the actual meters, with households forking out up to £11 running costs a year, plus the £215 cost of installing the meter.

 

 

According to the committee, consumers will save just 2 per cent on an average annual bill of £1,328 until 2020, rising to £43 a year, or 3 per cent, by 2030.

 

Read more: http://www.thisismoney.co.uk/money/bills/article-2749473/Energy-customers-face-215-bill-smart-meters-save-3-cent-bills-2030-says-watchdog.html#ixzz3CuknxR3h

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