Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has made an estimate of the potential net benefit of smart meter roll-out in (a) cost savings for suppliers, (b) cost savings for consumers and (c) the transmission system; and if he will make a statement.
The Smart Meter Roll-out Cost Benefit Analysis (CBA) published on 10 November estimates the costs and benefits for suppliers, consumers’ savings and energy networks – the document is available at:
www.gov.uk/government/publications/smart-meter-roll-out-gb-cost-benefit-analysis.
The smart meter rollout is expected to deliver significant net benefits to Great Britain, estimated overall at £5.7 billion over the lifetime of the programme.