Smart meters are a ‘costly mistake’ that'll add BILLIONS to bills

A report from the Institute of Directors (IoD) warns that the government's rollout of smart meters “should be 'halted, altered or scrapped' to avoid a potentially catastrophic government IT disaster.”

The report, entitled “Not too clever: will Smart Meters be the next Government IT disaster?” describes the £11bn scheme as “unwanted by consumers, over-engineered and mind-blowingly expensive."

The Major Projects Authority has carried out three assessments into the smart meter programme; however, the Department for Energy and Climate Change (DECC) has refused to publish them, citing commercial sensitivity.

Dan Lewis, report co-author and Senior Infrastructure Advisor at the IoD, describes a "political consensus" regarding the rollout as "a conspiracy of silence among politicians in thrall to big ideas and even bigger budgets."
READ MORE: http://www.theregister.co.uk/2015/03/30/smart_meters_costly_mistake_add_...