BT wants a slice of the smart energy meter market
BT has today announced plans to become involved in the UK smart energy meter market via a partnership with Arqiva and Detica. This will be via a bidding process which the UK government is administering at the moment in relation to a radio network which would allow companies to communicate with 28 million homes and small businesses in the UK which will have smart energy meters installed over the next decade.
BT will be fighting it out with companies such as Vodafone and Orange for the contract which many believe is worth potentially £7 billion and will prove a very useful income stream in the future. The very fact that the smart meters will use telecommunications to communicate information is obviously a plus point for the likes of BT, Vodafone and Orange, giving these companies ahead start, but there is more to this than just telecommunications.
The idea with regards to smart energy meters is the needs to monitor the use of energy around the UK and attempt to make changes to improve efficiencies and carbon missions. While many homes currently use energy hungry appliances in off-peak times there are still many households that are "not as efficient as they could be".
Will the electric car ever takeoff?
As the price of oil continues to move higher and higher with the cost of petrol following a similar path, there is speculation that governments around the world could decide to move into the electric vehicle industry with significant investment and tax incentives. This is not the first time the electric car industry has been suggested as a possible offset against the ever increasing price of oil b...Read More
Family Budgets Under Great Pressure
As price inflation moves higher, with the latest figure confirmed at 3.8%, there are real concerns that family budgets are being stretched to the limit. As price inflation rises we are seeing wage increases falling with the latest report showing wage inflation at 3.79%, the first time in 13 years that price inflation is higher than wage inflation. So what does this all mean?
Cost Of Living Has Risen By £700 Per Family In 12 Months!
News that the annual cost of living has increased by around £700 per family over the last year has caused dismay across the UK. While the vast majority of us have felt the pain in our pockets, to see the figure crystallised at around the £700 level seems to make it that little bit worse when you think what else you could spend it on!
It was also interesting to see the widening ga...
Have Higher Fuel Prices Finally Introduced The Green Factor?
While governments around the world have been fleecing the population in the name of green issues for many years, it seems that the rise in the price of oil has succeed in converting many where the government ' sledge hammer to crack a nut' approach has failed.
Over the last 20 years there can be few countries in the world that have experienced the introduction of as many taxes in...
UK drivers await petrol price increase
UK drivers will again be hit in the pocket with expectations that the price of a litre of petrol will hit £1.20 over the next few weeks. A report issued by the AA has confirmed what many in the UK had feared, that a mixture of increased taxation on petrol and an increase in the wholesale cost of petrol is leading to a nightmare scenario for UK motorists. When you also consider a new increase in p...Read More