Smart Meters

Baroness McIntosh of Hudnall Excerpts
Monday 8th July 2019

(4 years, 10 months ago)

Lords Chamber
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Lord Henley Portrait Lord Henley
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My Lords, the Government’s commitment was to make sure that all premises were offered smart meters, but the noble Countess points out a problem with mobile reception—it affects me in the north-west of England—and it is certainly something that we will have to look at.

Baroness McIntosh of Hudnall Portrait Baroness McIntosh of Hudnall (Lab)
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My Lords, the noble Lord said in reply to the noble Baroness, Lady Maddock, that savings of £1.8 billion are expected to be generated through the use of smart meters—if I have got that figure wrong, I apologise. Will he translate that into a figure that might mean rather more to people who have smart meters—for instance, the percentage reduction in their bills that they might expect if they have a smart meter installed?

Lord Henley Portrait Lord Henley
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My Lords, the figure I quoted was bill savings of some £1.2 billion, but I accept that the noble Baroness misheard me. We expect a net benefit of some £5.7 billion from the rollout as a whole. Again, I would prefer to write to the noble Baroness with estimates as to what individuals could save, but obviously, it will depend on how the individual makes use of the smart meter. The point of the smart meter is that it makes it easier for the individual to keep an eye on their electricity or gas use and therefore to make the appropriate savings we would all like, both in the use of energy, which is important, and in money for the individual.