Smart meters set to cost Britain as much as replacing Trident

‘Smart meters will cost as much as the Trident nuclear deterrent to implement, with the full cost of the scheme rising to £19bn, according to a government report.

Total lifetime costs of the programme have now risen by £2bn since 2013, according to a report by the Major Projects Authority.

In contrast, the Trident replacement programme is estimated to cost between £17.5bn and £23.4bn.

Surprisingly, the smart meter project has been flagged as “amber” — meaning “successful delivery appears feasible but significant issues already exist.”‘

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