
There are good reasons to be concerned. Flickr/Jason Tester. Some rights reserved.
An EU energy directive proclaimed 80% of homes across the EU should have smart meters fitted by 2020 if fitting them is cost effective in the long run.
In 2013, the German Economy Ministry described the EU’s recommendation as “inadvisable” because the installation of smart meters “would be too costly for customers… citing an Ernst & Young report which concluded the cost of fitting them outweighs the installation costs”. Nine other EU countries agreed with Germany.