£11Billion Smart Meter Plans Risk Fiasco': MPs Warn Only Energy Suppliers Will Benefit
Tuesday, 17 January 2012 12:07
Posted by David Icke
'Putting ‘smart’ gas and electricity meters in every home – at a total cost of £11.7billion – may bring little benefit to customers, MPs will warn today.
Families will have to pay higher bills to fund the Government-backed scheme to have the digital equipment installed by 2019.
And there is no evidence the energy giants will pass on to customers any of the millions of pounds they will save with the introduction of the new technology, MPs say.'
Read more: £11Billion Smart Meter Plans Risk Fiasco': MPs Warn Only Energy Suppliers Will Benefit
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