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Meter Readings & Switching suppliers

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  • QrizB
    QrizB Posts: 25,131
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    Forumite

    All said, that doesn't make any sense though, does it?

    It does if you understand that the system was set up before smart meters, and that not all customers are honest and might decide to "massage" their meter readings in their favour. Independent validation helps avoid that.

    Now I really hope the banking sector also has this "industry third party".

    Does your bank trust your balance to be only recorded on a device that lives in your home and which they only visit to read once a year, if that? Of does you bank hold your money in their own systems so they know how much you have got, to the penny, at all times?

    N. Hampshire, he/him. Octopus Intelligent Go elec / Fuse gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 37 MWh generated, long-term average 2.6 Os.
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