Introduction of predictably obsolete technology gets rubbished by the UK’s ‘Queen of the Select Committees‘. What a waste of money.
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Billpayers will be forced to foot the cost of upgrading seven million smart meters which will become obsolete in less than 10 years, the spending watchdog has warned. — The Telegraph reporting.
In a damning report highlighting a number of failures in the smart meter roll out, the Public Accounts Committee said seven million smart meters would need to be replaced before the 2G and 3G networks they use are switched off in 2033.
It warned that the financial burden of replacing the redundant smart meter hubs will be ultimately borne by energy bill payers and could be “very significant”, exceeding previous estimates.
The report went on to say that demand for the smart devices, designed to help consumers monitor their energy use and cut bills, had dried up.























