The proposals set a goal of ensuring every home and business in the UK has smart meters installed by 2020, capable of providing real-time, accurate electricity and gas use data that will make it easier for people to reduce the amount of energy they use, switch suppliers, and ultimately take advantage of smart grid technologies.
“Smart meters will empower all consumers to monitor their own energy use and make reductions in energy consumption and carbon emissions as a result,” said energy and climate change secretary Ed Miliband. “Smart meters will also mean the end of inaccurate bills and estimated meter readings.”