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Meters do reduce bills
04/01/2012 | Channel:
IT / Technology, Equipment, Billing & investigation
“Smart metering installations could cut UK households’ electricity bills by £938M a year,” says Howard Porter, CEO of BEAMA, welcoming the findings of an independent review of 100 smart meter pilots and rollouts across the world.
“These savings could be delivered with the current UK specifications - smart metering systems including display devices need to be installed in UK homes as soon as possible,” he added.
The report identifies the kinds of activities and technology that are needed to maximise the customer and industry energy saving benefits from smart metering. It shows that, if the technology and customer engagement is right, hundreds of millions of pounds could be saved by consumers in Britain every year, and that smart meters could make a significant contribution towards achieving EU goals of a 20 per cent reduction in energy use by 2020.
Dr Porter, continued: “This research is very welcomed, as it provides timely evidence from around the world that well designed smart meter rollouts reduce customer bills. The members of BEAMA supplying smart meters and customer displays to the UK market are working together to deliver solutions to allow easy customer interaction, and the best opportunities for energy use reduction and consumer savings.
“The interoperability of all smart metering systems is vital to allow the best customer experience and engagement. BEAMA and the industry group SSWG are dedicated to the delivery of open specifications to allow all smart metering equipment to be interoperable.”