With revised forecasts for the savings for the public, we ask the question are smart meters as clever as they seem?
The headlines were flattering for the Government last week, with claims that they strategically released news that are rolling back their forecast of benefits for UK Households by a whopping £500 million as Donald Trump’s presidential victory hit a shocked world. So what exactly does this mean for the Smart Meter scheme?
Gordon Brown’s plan to roll out smart meters across the country was estimated to cost £7billion over ten years ago, but that’s now increased by £54million, and the potential savings for end users is looking like it will be just £11 per household in 2020. For business, this is looking even bleaker. No wonder the powers that be wanted it swept under the carpet.
So what exactly is a ‘Smart Meter’?
The new generation of gas and electricity meters are digital products that use the DCC secure communication network to send accurate energy use wirelessly to your supplier. In theory, this should mean no more bills using estimated meter readings, more accurate bills and a clearer picture for end users’ energy use. The purported savings are set to come from users monitoring their energy use and reducing their consumption, made possible by real-time displays.
But with the costs to implement them being footed by the big six energy companies, who are always out to protect their profits, are we guaranteed to see any saving at all?
For business, Eticom has the answer
Eticom’s system is so much more than a smart meter. Yes, we accurately monitor your electricity use, but unlike the Smart Meters, we show you exactly how much each individual circuit costs you, not just your whole building. We break down your costs into categories, letting you to see the burn rate for individual departments, and even how much power you’re using out of office hours. And to really make sure you save money, we show you how much you can save by switching your tariff.
Add to this our other fantastic features, such as automated meter reading, landlord services, water and gas monitoring, the benefits of installing Eticom is clear. So why not guarantee your business’s savings with a smart system, not just a Smart Meter.