Smart meter fine for energy companies.
Posted: 09 Nov 2023, 13:44
Ofgem is fining the six big players £10.8m because they failed to meet "its" target for installations.
Ofgem said in a statement:
Ofgem's statement contains a lot of falsehoods. We (householders) do not need a smart meter to transition to greener and more flexible energy - that is up to the suppliers.
The second part is also nonsense. People are not stupid, they already track their energy usage. They know that if the kettle is on or they are taking a shower then electricity is being used, and if a stew is bubbling away on the gas hob or the CH is on then gas is being used. Their energy is being tracked in their heads, and if those things need to be done there is sod all the user can do about it. As for changing tariffs, that can also be done without a smart meter - it is a supply side thing. When Economy 7 came in smart meters did not exist. The supplier knew who had signed up and charged us more for daytime use and less after midnight. They monitored when and how much we were using from their end - no smart meter required.
We eventually came off E 7 because there was little we could do after midnight and we were both out working for most of the day.
All that smart meters really do that cannot be done without them is to give the householder a second by second reading of their energy use and a running total of the cost. They will still get a bill and it will still have to be paid.
Honestly, most people really do not "need" one, but I suppose Ofgem has to be seen to be doing something.
Ofgem said in a statement:
"Smart meters are an important part of the transition to a greener, more flexible energy system,"
"They also help households by making it easier for them to track their energy usage, as well as access innovative smart tariffs that can save money by encouraging energy use outside of peak times or when there is excess clean electricity available."
Ofgem's statement contains a lot of falsehoods. We (householders) do not need a smart meter to transition to greener and more flexible energy - that is up to the suppliers.
The second part is also nonsense. People are not stupid, they already track their energy usage. They know that if the kettle is on or they are taking a shower then electricity is being used, and if a stew is bubbling away on the gas hob or the CH is on then gas is being used. Their energy is being tracked in their heads, and if those things need to be done there is sod all the user can do about it. As for changing tariffs, that can also be done without a smart meter - it is a supply side thing. When Economy 7 came in smart meters did not exist. The supplier knew who had signed up and charged us more for daytime use and less after midnight. They monitored when and how much we were using from their end - no smart meter required.
We eventually came off E 7 because there was little we could do after midnight and we were both out working for most of the day.
All that smart meters really do that cannot be done without them is to give the householder a second by second reading of their energy use and a running total of the cost. They will still get a bill and it will still have to be paid.
Honestly, most people really do not "need" one, but I suppose Ofgem has to be seen to be doing something.