Baroness Verma visited the Smart Metering Forum yesterday and spoke out to consumers when she said that in the short term at least the Government has put in place policies which will help the consumer – particularly the most vulnerable people in the country.
She said: “The main drivers of rising energy prices in recent years have been the increasing wholesale energy costs and the need of course to upgrade our network infrastructure. The best way to keep everyone’s bills down is to help people to save energy, ensure fair tariffs and have active competition among the suppliers. And that is what the Government is doing.”
She continued: “2 million households will get help under the Warm Home Discount – included among this group are well over a million of the poorest pensioners who will receive £135 off their electricity bill.”
But smart meter technology is key to putting control in the hands of consumers. She said:
“Smart meters will give consumers near real time information, in pounds and pence, through in-home displays. This will help consumers to better manage their gas and electricity consumption, understand what they are paying for, empowering them to help save money.”