Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what recent assessment he has made of the potential merits of using financial incentives to encourage radio teleswitch meter users to transfer to smart meters.
The Government expects that by transferring to smart meters, Radio Teleswitch Service users will be able to access a better range of competitive, flexible and dynamic tariffs, that reward them for using electricity away from peak times, or when there is excess clean electricity available.
In addition, smart meter enabled energy savings mean a typical household on a dual fuel tariff on average will currently save £46 annually.
Energy suppliers are responsible for the financial incentives they offer to their customers, and the effectiveness of such approaches is a matter for individual companies.