Re: Cost Benefit Analysis?
The current system of monitoring your quarterly bills and then going switch off crazy will still be the overriding methodology of many in this country.
Smart meter or not, those who can afford it will not bother, those that can't afford it are either already keeping a concious eye on their usage, or are part of the blithering idiot sect that deserve to be impoverished.
The entire power usage for my one bed flat is less than £6 per week, it was about £10 until I turned the old freezer off and started shopping more regularly.
It isn't monitoring, the people need more of in this country, it is efficient domestic appliances and Scandinavian standard insulation.
I'd wager a national rip it out Economy7 heater drive would raise millions out of power poverty and see the winter fatality figures for hypothermia reduced to almost zero. Economy 7 storage heaters are a killer in the home, they keep the house warm until about three in the afternoon and then costs significantly more than standard tariff to keep the house warm for the rest of the day.
Personally, I'd see those behind Economy 7, behind bars for manslaughter.