Germany Rejects EU Smart-Meter Recommendations on Cost Concerns – Bloomberg


Another reason why, and there are several, Smart Meters are bad news!

Stop Smart Meters Australia

Germany said it probably won’t follow smart-meter guidance from the European Union — which has recommended that 80 percent of homes install the devices by 2020 — because such a move would be too costly for consumers.

The EU proposal is “inadvisable” for Germany, the Economy Ministry said in a statement, citing a study it commissioned from consultants Ernst & Young. For users with low power consumption, the installation cost would be greater than the achievable energy savings, it said.

Read the rest of the article via Germany Rejects EU Smart-Meter Recommendations on Cost Concerns – Bloomberg.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

 

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About Ken McMurtrie

Retired Electronics Engineer, most recently installing and maintaining medical X-Ray equipment. A mature age "student" of Life and Nature, an advocate of Truth, Justice and Humanity, promoting awareness of the injustices in the world.
This entry was posted in AGENDA 21, AUSTRALIA, Civil Liberties, climate change, Germany, New World Order and tagged , , , , . Bookmark the permalink.

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