More on those smart meters
Government's smart-meter estimate falls short by £6bn, expert claims - Times Online
The Government has underestimated the cost of a nationwide rollout of smart meters by as much as £6.4 billion, according to Ernst & Young.
Last week ministers gave a green light to install 47 million new gas and electricity meters, which can monitor energy use in real time, in every household in Britain. They said that the project could be completed at a cost of between £7 billion to £9 billion, or an average of £269 to £346 per household.
Ernst & Young, the audit firm, has rejected that estimate, arguing that the true cost would be at least 49 per cent higher, at about £13.4 billion, or £515 per household.
All so Ed Miliband can watch and remotely control how much power you are using.