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".
Pause for thought to save cash!
No matter how careful we are with our cash they will be occasions when we are out shopping and we may see something which we think we need but may cost a significant amount of money. So-called "impulse purchases" are often very well positioned in the stores we visit and catch our attention almost immediately. If you find yourself in a situation where you are looking to purchase something which you...Read More
Caution urged on gas bill credit
Consumers should be cautious about reclaiming credit on their gas bills, Confused.com has warned.New research from moneysupermarket.com has revealed that nearly six million homes in the UK are in credit to their gas company by an average of £79.However, Confused.com's energy expert Gareth Kloet said that customers should find out about their energy consumption from their supplier first.He explain...Read More
Holiday companies reduce places available but increase costs
It has been revealed that the UK holiday sector is looking to reduce the number of holiday places available over the next year while at the same time pushing prices higher. Figures from the industry indicate that this year will see around 1 million fewer holiday places available compared to 2 years ago, as the recession continues to bite. This comes despite the fact that many people in the UK are...Read More
Clocks going back leads to bills increase
27/10/2014 The clocks going back one hour in October each year adds £630 million to the nation's winter energy bills. A study by B&Q has claimed that the switch back to Greenwich Mean Time at the end of October each year adds £24 to a typical households annual energy bill. The switch means as it gets darker in the evenings, households are more likely to turn their lights on sooner, leading t...Read More
Comic Relief has its work cut out this year
While Comic Relief has become something of a national treasure, raising hundreds of millions of pounds for worthy causes, there are concerns that tonight's event could be overshadowed by the depressed economic situation in the UK and around the world. Historically the event has managed to avoid being affected by economic uncertainty in the country but after the recent falls it seems inevitable it...Read More