"It is the classic solution that is looking for a problem IMO"
It is a solution to a problem - just not the one they are claiming.
The "problems" it is a solution to are:
- allows them to implement very granular variable peak demand pricing.
- allows them to remotely cut off those who haven't paid.
- allows them to remotely switch anyone they want to a prepaid arrangement whether the customer wants it or not, or even needs it.
So-called "smart" meters have absolutely bugger all to do with saving consumers energy or money which is the claim. Especially by that God awful "Albert Einstein" advert.