Smart Meters – Not as smart as you think

Those crazy Brits. Always planning their regulations in advance. Here they are rolling out smart meters left and right and no one has made a peep about regulations. I am betting that that is going to hurt in the long run.

http://www.greenwisebusiness.co.uk/news/government-to-restrict-sales-and-marketing-around-smart-meters-3216.aspx

Government to restrict sales and marketing around smart meters

Energy efficiency news – by GreenWise staff
5th April 2012
Companies are to face restrictions around how they sell and market their products and around the data they can collect about their customers when mass rollout of smart meters gets underway.

Under new guidelines proposed today by the Energy and Climate Change Minister Charles Hendry, all sales will be banned during the installation of smart meters and installers will need the permission of customers before they visit if they want to market any products to households and businesses. There will be restrictions on data energy companies and other suppliers can hold about their customers. And, in a bid to help consumers save energy and cut their bills, smart meter installers will have to provide energy efficiency advice and all households will be offered an in-home display allowing them to see what energy is being used and how much it is costing.

The Government wants 30 million homes and small businesses to have smart meters installed by 2019. Smart meters give consumers access to accurate information and mean they no longer have to rely on estimated bills. But the cost of the rollout, set to start in 2014, has been estimated at £11.7 billion and consumer groups are concerned the programme could leave consumers short-changed and their privacy undermined.

“Tough guidelines”

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Go there and read. More tomorrow.

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