But surely if that is a £64 overpayment you get it back either as a lu mp sum refund or by a £64 reduction in your payments for the next year. There is *no* £64 overall saving. All you may have lost is the interes t on £64 but at current *savings*, ie not current account, rates that is about a quid. More fecking spin...
It also mentions the privacy issues that half hourly or even daily readings raise.
Warning over smart meters privacy risk - 12 June 2012 http://www.bbc.co.uk/news/technology-18407340
The default should be readings only required for billing purposes. As a
country we have been happy with quarterly readings for a long time... If people wish to opt in to a higher frequency of reading then that is fine but only as an opt in. With half hour intervals it would be very clear when the property is actively occupied.
The bills need to have the reading frequency on them as well, so when yo u take over a property you know what you have and can get it changed if required. I bet there is still a possibilty for the meter to do one thin g and the billing system to think another though.
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