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Why are smart meters being forced on us and are they a waste of money?

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Manage episode 215108632 series 98838
Content provided by This is Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by This is Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Government's £11billion scheme to install 53million smart meters in homes and small businesses by the end of 2020 has been plagued by problems.

Now it appears there may be more hidden nasties. A wireless tech expert says they have the power to take over customer accounts.

In theory, this means suppliers could cut off a household's electricity or gas without visiting the property, add debt to a meter, remove credit on an account, change the charge levied or turn the meter into a pre-payment device.

Authority to use these functions has yet to be granted – but it all sounds a little big brotherish.

In this week's podcast Simon Lambert, Lee Boyce and Georgie Frost question, is it time to rethink the smart meter push?

Also on this week's show, we talk secondary tickets after Ticketmaster axed Get Me In and Seatwave, discuss what to do with £10,000 in order to get onto the property ladder and the motivation you need to prevent becoming a CV cliché.

  continue reading

500 episodes

Artwork
iconShare
 
Manage episode 215108632 series 98838
Content provided by This is Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by This is Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Government's £11billion scheme to install 53million smart meters in homes and small businesses by the end of 2020 has been plagued by problems.

Now it appears there may be more hidden nasties. A wireless tech expert says they have the power to take over customer accounts.

In theory, this means suppliers could cut off a household's electricity or gas without visiting the property, add debt to a meter, remove credit on an account, change the charge levied or turn the meter into a pre-payment device.

Authority to use these functions has yet to be granted – but it all sounds a little big brotherish.

In this week's podcast Simon Lambert, Lee Boyce and Georgie Frost question, is it time to rethink the smart meter push?

Also on this week's show, we talk secondary tickets after Ticketmaster axed Get Me In and Seatwave, discuss what to do with £10,000 in order to get onto the property ladder and the motivation you need to prevent becoming a CV cliché.

  continue reading

500 episodes

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