Smart meters a smart idea
Yesterday, I blogged about how the recent increase in fuel prices is forcing more and more UK households into fuel poverty. One way of reducing fuel usage – which saves money for consumers and reduces damaging emissions – is to install smart meters. The cost is variously estimated at between £6 billion-£13 billion, but the benefits would be considerable.
In Italy, which has had smart meters in its 30M homes since 2005, energy use has dropped 5% a year. Parts of the USA and Canada that have taken up smart meters report similar drops in consumption.
More information here and here.