Smart meters to save UK households only ?11 a year, report finds

Report by MPs and peers says predicted benefits of ?11bn scheme to install 53m devices are 'likely to be slashed even further'Government predictions of the savings smart meters will generate for consumers are inflated, out of date and based on several "questionable assumptions", a group of MPs and peers has said.They also said the rollout of smart meters risks going over budget, is past its deadline and must be reviewed immediately. Continue reading...