According to the executives, deploying intelligent energy meters could help the UK cut back its power consumption up to 15 percent, which is five times the current government estimates.
“Even if the immediate benefit seen by home owners is the 2-3 per cent saving that the UK government’s model assumes, it is still a profoundly valuable exercise. But we seriously doubt that those conservative savings will be the best that the UK achieves. Landis+Gyr’s experience is that deployments which have focused on encouraging energy budgeting have delivered usage reductions of 10-15 percent, even when they have had far less sophisticated capabilities than those planned here. Our energy retailers are some of the most innovative in the world – it would be a surprise if, in partnership with their customers, they couldn’t at least match those figures.”
The executives also noted: “Some readers will remember when telephone bills looked like energy bills do today – no detail and no understanding of what drives spend or what I or my supplier could do to reduce that spend. But for anyone under 40 that probably sounds ridiculous: how can you manage how much you spend on phone calls if you have no idea how your actions impacted that spend?