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".
Internet TV is on the way
As more and more homes in the UK have sky TV and other satellite services we are spending literally millions upon millions of pounds on additional TV channels each year. While the onslaught of digital TV will open up this market, and introduce significant competition, it is the Internet TV market of the future which will offer the best chance to save you money.
The ability to view T...
Office Of Fair Trading Warns On Unsolicited Debt Advice
In a move which has come too late for many in the UK, the Office of Fair Trading (OFT) has warned consumers to be wary of debt advice agencies who are cold calling thousands across the country. Under the guise of helping to reduce financial worries, many people have been coerced into signing up for IVA and bankruptcy arrangements, the consequences of which are not always clearly explained.
Looking after the pennies could save thousands
While most people are always on the lookout for a bargain, as many as 16 million Brits are wasting their money by paying over the odds for everyday items.According to Alliance & Leicester Savings, 62 per cent of people do not shop around for their groceries, compared to just three per cent who said that they would not look out for the best deal for a holiday or electrical item.Research found that...Read More
When should you review your own financial situation?
As we approach the New Year more and more people in the UK will be looking to review their own financial situation and address any potential issues. However, while it would be wrong to suggest that we should all review our financial situation on a monthly or even half yearly basis there is a need to respond to the current economic environment. Even though the UK economy has shown signs of improvem...Read More
Households 'losing out' to energy firms
Each household in the UK is losing around £200 a year because energy firms are yet to cut bills in line with reduced wholesale prices, a report from uSwitch.com claims.The report, published today, claims that Britain's major energy suppliers are keeping the cost of household bills "inflated" despite recent price cuts across the industry which saw the average yearly bill drop by around £78.Recent...Read More