Excellent discussion of the reality of supposed cost savings from smart meters. Although this is about the smart meter roll out in Australia, it applies to smart meters elsewhere as well.
“Energy Minister Matthew Groom said…that the aim [of a smart meter program] was to drive down the
cost of electricity prices for all Tasmanians. He saw the introduction of a smart grid would ensure
that Tasmania would have the lowest sustainable power prices.
However, many of the positive claims made in the draft paper do not match up well with reality,
especially if we look at the smart grid rollout in Victoria and elsewhere.”