BBC:Smart meters 'may not cut energy use'
Research by a University of Oxford scientist found that the devices alone were unlikely to lead to an overall reduction in the demand for energy.
Indeed, who ever expected a meter hanging on a wall, smart or stupid, to reduce demand? Would you safe gas if the pump meter at the gas station was smart, which it most probably is?
Citing Italy and Sweden as exampled, she said: "They are not being rolled out with the aim of giving customers better feedback, except that the households will get an accurate bill whereas in the past they might have got an estimate.
No, they are rolled out to safe somebody being paid to collect data in situ; accurate, in time, remote monitoring of what is consumed simply helps to charge in time and accurately - it helps the supplier and you pay the cost and ensure profit! That's what is smart about the meter; the rest is bullshit.
"But in [the UK], it is part of government policy that smart meters will be rolled out with real-time electricity displays."
Real time displays: if that display besides the consumption figures gave you the on-time price for what you are or are about to consume that would help; however, you would have to watch it when and while you switched on the washing machine or put the kettle on? That could be at one o'clock at night or seven o'clock in the morning, when we all have our tea... during that time the imported electricity will be most expensive anyway, so you might have a cup of water for breakfast which, no doubt, soon will be monitored by a smart water meter. The suppliers are what's smart here, that's for sure.
No, smart meters do not reduce consumption! Who ever believed or believes in that fairy tale fell or falls for another trick of another trade; don't worry, you are in good company, the government does it again and again.
We should understand and know what we get for our money; the rest is just daffing.