Thursday, April 18, 2024

Smart meters could soon cost you a whole lot more

"What remarkable power climate change has to turn the usual rules of fairness on their head. 
The poor pay the taxes and the wealthy get subsidised. 
  • It has happened with electric cars...
  • It has happened with heat pumps...
  • The next phase will be even more painful for the poor and even more rewarding for the wealthy. 
The Department for Energy Security and Net Zero has put forward proposals to equip smart meters and electric appliances with technology to allow Uber-style surge pricing for electricity, where the price of power will vary on a half-hourly basis.

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