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Smart meters to cost the UK billions: 2G switch-off means replacing 12-13 million
(www.theregister.com)
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this post was submitted on 11 Nov 2026
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Technology
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And it's going to be necessary again in 2040.
Lol.
I can't tell if the numbers are bloated for pushing an interest, but with having to spend those billions every 15-20 years, it would probably be cheaper to hire meter readers or pay to keep the 2G available.
My 1950s meter still works fine.
The smart meters were never about reading meters, it's for load shedding. They can turn them off remotely.
It also allows demand & supply based variable pricing
But think of the short term profits and dividends for the shareholders!