Monday 21 July 2014 10.37am
In practice, smart meeters are the back door to your energy usage being snooped on so the utility companies (and others, who can access this data) will know when you get up, go to work, get in, go to bed, cook meals, have a bath or shower, are on holiday, do the laundry, and all the rest that can be infered by when you are and are not using energy and how much.
Moreover, you will almost inevitably be faced with peak and off-peak billing, with what you are being charged being varied by the season, hour and day of the week. This can only ever be used to confuse the consumer even more as to why their bills are getting ever higher and the utility company profits can only soar as a result.
I was going to write my first and last balanced and nuanced reply to a forum post, but it's a busy, busy day so I'll just say that I strongly believe this to be scaremongering horsesh*t and ask any mongees to google 'smart meter data privacy'.