Oh dear - another cynical money-making ploy by the UK Government - not the great hope to save the world as it has been dressed up as in the PR. The only initial savings will be on the meter readers whose jobs will be lost. And our homes will be filled with even more pulsing microwaves just to do remote meter reading. The following sound-bites say it all:-
"At the centre of the new system is the creation of a multi-billion pound company that will collect information from meters in 26 million households."
"Telecoms giants O2 and Vodafone are negotiating key roles in the organisation, which will be responsible for receiving information on electricity and gas usage in every home and passing it on to energy companies."
"Initially, this "hub" is likely to be a joint venture, but energy analysts expect that once established, it could be sold off as a single company."
See source article in full here .
See Powerwatch article here .