Energy Firms Struggle to Convince Households as Smart Meter Installations Decline
Thursday, 30 May 2024, 14:02
Challenges Faced by Energy Firms
Energy companies are encountering difficulties convincing households to install smart meters, resulting in a 10% decrease in installations. Many households already have smart meters, leading to resistance from the remaining ones.
Reasons for the Decline
- Market Saturation: Most households that would opt for smart meters already have them
- Resistance: Remaining households hesitant towards installing smart meters
The decline in smart meter installations presents a significant hurdle for energy firms in achieving widespread adoption.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.