TheBlueDune
Well-Known Member
Exactly. But I see them being used in a slightly more devious way, not to put prices up (on the face of it at first glance)This is exactly the reason not to have one for now. Inevitably everyone will eventually get one as I'm sure the energy firms will make the price for non smart meter users excessively high.
Their argument for now will be it will allow some people to save money if you use it in the middle of the night, but any "cost saving to the consumer" is a complete juxtaposition to any privately owned company who's sole goal in life is profit margins and shareholder dividends. Even more so when the private companies effectively operate as a cartel.
Phase 1 complete - put up electricity prices by extortionate amount. Suppliers make more money
Phase 2 - government "persuade" suppliers to offer cheaper off-peak rates (provided you have smart meter). Off-peak rates will still be significantly higher than pre-rise rates.
Suppliers make more money. Sheep electorate believe yet another con government seen to be heroes and re-elect Government
Phase 3 - Everyone pays more. Suppliers make more money