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UK.gov was warned of smart meter debacle by Cabinet Office in 2012

Anonymous Coward
Anonymous Coward

The real reason for smart meters is that eventually they will allow the energy billing companies to come up with zillions of complicated tariffs designed to screw as much money as possible out of the consumers. Just like cell phone companies but worse. Rather than charge your entire monthly bill at the same rate per kwh, they will be fiddling the prices up and down on an hourly basis and charging penalties for people who exceed arbitrary usage caps at particular times of the day. It is all about adding complexity to the billing process so you never really know how much you are being ripped off.

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