The hidden agenda behind smart meters has been raised as a result of the Government and industry sponsoring this initiative. Questions are being asked if this is in the best interests of consumers.
Smart meters are being promoted as a way of ending estimated bills and giving households real-time information on how much energy they are using. It will also allow firms to introduce a raft of new tariffs that will hit peak time users of electricity and gas with higher charges.
These ‘time-of-use’ tariffs will reward those who use appliances at off-peak times with low rates. The apparent intention is to even out demand over a 24-hour period.
Introductory discounted tariffs are being used as an incentive to entice consumers to switch to smart meters which cannot be adapted for other suppliers.
THE HIDDEN AGENDA BEHIND SMART METERS
The move towards various tariffs raises the prospect of surge pricing during holidays such as Christmas and Easter when millions of households are using appliances simultaneously.
Industry sources believe that the energy industry will quickly move beyond a two-tier peak and off-peak system to prices that are demand driven every 30 minutes. This is the hidden agenda behind the push for smart meters.
Users can expect the price of electricity to soar when solar and wind generated power is low.
Smaller energy providers have already launched ‘time-of-day’ tariffs where prices vary between periods of high and low demand, and charge up to 5 times more for electricity used in early evening than for overnight usage.
These time-of-day tariffs will penalise households. Higher charges are likely to be applied in the mornings when people are taking showers and getting ready to go to work and vice-versa when they cook and heat their homes in the evenings.
Smart meters are not yet compulsory, but suppliers have had to offer every household a smart meter since 2020. More of these tariffs are expected to flood the market as the rollout of smart meters continues.
The Government has expressed a desire to simplify the energy market, yet this hidden agenda will do the complete opposite. It is another ‘Big Brother’ initiative designed to monitor and exert control over the masses and penalise users who will ultimately have no choice once this is implemented en masse.
The push towards electric vehicles raises other issues as well. Energy providers will be able to control the times you can charge your vehicle, meaning that you are at the mercy of energy providers. What happens if you need to use your vehicle in an emergency and cannot charge it?
We are being conned left, right and centre with online booking websites being a prime example. They are meant to save us money, yet in reality it is a monopoly that has been rigged for years.
I won’t use smart meters for the reasons I have discussed.
HOW TO GET THE BEST TARIFF
Rising minimum price caps and costs meant that you were able to shop around, although it’s not possible to do so now due to so many energy providers going out of business.
You can regularly check your tariffs via USwitch. I am with Bulb who I have found easy to deal with and competitive against all of the energy providers. Bulb has sadly gone into special administration now so they won’t be accepting any new customers for the foreseeable future.
Do you think there is a hidden agenda behind smart meters? Have you switched to smart meters? If so, do they work for you?