The Public Accounts Committee has published their MPs report on the preparations for the rollout of Smart Meters for all homes and businesses. The Public Accounts Committee (PAC) is responsible for overseeing government expenditures to ensure that they work in the public interest. The Smart Meter rollout is expected to cost £11.7 billion, and the PAC has published a set … Read More
Which? calls for halt to smart meter rollout
The consumer group Which? has today called for “an immediate halt to the smart meter roll-out” as it believes a full review of the plans are needed before the second phase starts in 2014. As we reported back in March last year, the DECC has already set out its plans for a nationwide smart meter rollout during the years 2014 … Read More
Huhne outlines electricity market reform
UK Energy Secretary Chris Huhne unveiled proposals set to bring about the biggest reforms since privatisation. The UK government announced on Tuesday that the UK’s energy infrastructure will need £110bn of investment to keep the lights on. Chris Huhne told parliament that without reform and substantial financial investment, the country will be facing blackouts.
DECC sets smart meter roll-out strategy
The Department of Energy and Climate Change (DECC) set out the smart meter roll-out strategy yesterday. In a press release published yesterday, The DECC has outlined the strategy and time scale for the introduction of smart meters in every UK home by 2019. Starting in 2014, and taking 5 years to complete, 53 million smart meters are to be installed … Read More
Suppliers fined in new Ofgem action
Scottish Hydro Electric and 2 other power grid firms have been fined by Ofgem. The three companies include two major players: Scottish Hydro-Electric Power Distribution (owned by SSE), Central Networks (owned by E.ON) and a third smaller firm, Electricity North West. The fines are for failure to connect customers to the national energy grid within the compulsory 3 month deadline.
UK firms waste £1.6 billion on energy
Large UK businesses waste an annual amount of energy costing at least £1.6 billion, The Carbon Trust said on Monday. A report published on Monday by The Carbon Trust Advisory said the £1.6 billion total was due to large businesses neglecting energy efficiency measures. The government-run Carbon Trust Advisory released the statement after analysing 1000 firms’ energy efficiency investments over … Read More
BT in Smart Meter Plan
British Telecom launches a bid to be included in the Smart Meter roll-out The UK Government have set a target of rolling out smart meters – energy meters which will enable suppliers to take meter readings via a wireless network – to every home in the UK by 2020. This is a plan that is estimated to cost over £7 … Read More
Suppliers responsible for rolling out new smart meters
Energy suppliers will be responsible for installing Smart meters in every UK household by 2020. The government has given the go ahead to their smart meter plans for an estimated £8 billion roll out of smart meters to UK homes, with the main energy suppliers deemed responsible for installing the new technology in every UK household. The cost of installing … Read More
Smart Meters in UK Homes by 2020
The Government has unveiled plans for Smart meters to be installed in every home in Britain by 2020. The Government plans, which aim to reduce carbon emissions by more than a third, aim to install a smart meter in every one of Britain’s 26 million homes. They expect this move to to reduce energy consumption and boost efficiency, by allowing … Read More
Smart meters will help reduce energy costs for London brewery
Major brewer Fuller’s has decided to install smart energy meters in 160 of its managed pubs in a bid to reduce energy consumption. The company will be installing new equipment to monitor electricity and gas consumption, which will provide comprehensive information on when and where energy is used. The new smart electricity and gas meters will also provide the company … Read More