Off Grid Eco Stay Accommodation

So how smart are the smart meters?  With all the press coverage this week about the missing “chips” in meters being rolled out, what does it actually mean to us the consumers?

Smart Meters are about money… end of story!

Why else would large corporations that are already making huge amounts of profit want to install meters that will supposedly assist consumers?  These meters allow energy retailers to charge by time of day.  This means more money for the retailer as they can match the rates being charged by the generators – thus keeping a healthy margin!

Oh, and turning off applicances at peak times – for whose benefit is that?  Again the tranmission and generation companies!  It means they can put off either building more capacity and / or not upgrade existing infrastructure.  Both great ways to keep their profits up!

I think I will wait until the IQ of these meters gets into double digits!