"FMurtz" wrote in message
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Rod Speed wrote:


"FMurtz" wrote in message
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Rod Speed wrote:


"FMurtz" wrote in message
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Rod Speed wrote:


"FMurtz" wrote in message
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Dan S. MacAbre wrote:
Michael Chare wrote:
On 31/10/2019 12:10, Dan S. MacAbre wrote:
harry wrote:
https://www.dailymail.co.uk/news/art...tml#newcomment


You know it's coming. Before we had a water meter, our monthly
bill was £60. As soon as one was fitted, it dropped to £40.
Hard not to believe that we were simply being penalised.

My water bill reduced when I had a meter fitted, but that was
because the previous bill was based on the rateable value. Smart
meters will make it very easy for suppliers to raise the price
when I want to cook the dinner in the evening.


Well, I'm going to wait as long as I can get away with it. My mum
and dad had a smart meter fitted last year, and were without power
for a day, because 'something got broke'. And they /still/ have to
read it themselves, because they changed supplier. Plus, I would
have to take a day off work.

The end result of smart meters is to make more money.

Save on the cost of reading the meter, actually.
And to make a time of use tariff possible to OFFER.

And the end result will be more money

Not necessarily.
So the power suppliers are pushing it out of the goodness of their
heart?

Nope, so they can offer lower rates because they
dont have to pay the meter readers and attract
customers that way.

I am afraid that I do not believe that the savings would be passed on
without an ulterior motive aimed at more profits for the shareholders.

More fool you. The obvious reason to pass on the savings
with no meter readers is to make their operation more
competitive and to attract more customers that way
and that is good for the shareholders and the share price.