Smart meters to save households 'just £11 a year' with roll-out likely to go over budget | WHAT REALLY HAPPENED


Smart meters to save households 'just £11 a year' with roll-out likely to go over budget

"Although the entire programme has been funded by customers through higher energy bills, unlike energy suppliers themselves, they are not presently guaranteed to see the majority of the savings that do materialise," said the group’s chairman, Conservative MP Grant Shapps.

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BIG also warned that suppliers were still rolling out "obsolete" first generation smart meters, which were supposed to have been succeeded by November 2016.

Meanwhile, more than half of the smart meters "go dumb" when a consumer switches provider – around 500,000 a year.

Poor mobile data signal in some areas can also cause the meters to "go dumb", the group said.

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