Energy and Climate Change written question – answered at on 3 September 2012.
To ask the Secretary of State for Energy and Climate Change what assessment he has made of the effect of the introduction of smart meters on competition and efficiency in the energy market.
The introduction of smart meters should support competition and enhance efficiency in the energy market. Smart meters should facilitate switching between suppliers, through the availability of more accurate and detailed information which will help consumers to seek out better tariff deals; and through the rationalisation of the arrangements for handling the change of supplier process. The availability of more detailed information should also encourage innovation and the entry of energy service companies into the energy market. In addition, smart meters will facilitate more efficient network management, demand shifting and the integration of renewables.
Yes1 person thinks so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.