Energy giants are demanding the Government relax its 2020 deadline for installing smart meters in every UK home after a series of delays setting up the communications system at the heart of the £11bn scheme. Ministers are also facing fresh questions over the merits of the project after a new official assessment estimated savings would be just £11 per household in 2020, down from the £26 estimated previously. Suppliers have been warned they risk hefty fines if they fail to “take all reasonable steps” to install the meters, which will automatically send them gas and electricity usage data, by 2020. But several major firms are arguing this should be relaxed because the central system required for the meters to work properly only started to go live last week, more than a year later than planned.
Telegraph 12th Nov 2016 read more »