Smart meters in every home

The government have this week proposed that "smart meters" that will save consumers money on their energy bills are to be installed in millions of homes in England, Wales and Scotland over the next decade. The meters let people monitor exactly how much energy they are using at different times, allowing them to cut their energy usage.

They will also end the need for bill estimates and meter readings, with people instead charged according to exactly how much energy they have used.

It is estimated the scheme may help people save £28 a year – but installing the meters will cost between £7billion and £9billion, about £340 per household.

Zoe McLeod, energy expert, Consumer Focus:"Basically they're a new generation of meter with a range of additional functions. For the consumer, they'll be provided with a separate standalone display, so you'll be able to see how much energy you’re using at any given time in the home. So if you turn your television off standby, you should see the amount of energy showing that you're using on your display come down."

Alongside this, the government is planning the introduction of a smart grid, which will also help save energy, reduce cost and increase reliability.