Smart meters – free market and privatisation gone bonkers

” … In my column last week I asked why Britain’s smart meter rollout was costing £11bn and France’s just £4bn. One industry insider contacted me to say that it was partly because France’s “Linky” programme is for electricity meters only, whereas the UK’s is both electricity and gas. But it’s also because France does not have competition among utility providers, and we do.

Here, each supplier has to install smart meters only for their own customers, which means they can’t just go “street to street” – they have to contact individual customers wherever they live, agree for them to allow access and organise engineers around that.

The result is that we will be wasting billions in duplicated activity, with the bill passed on to consumers to satisfy the rules on “competition” – and also ensuring shareholders continue to receive those dividends.”