The Brumby government’s troubled $2 billion smart meter rollout has been given a ringing endorsement by an independent economic analysis, which found it to be ”cost effective no matter which mix of costs and benefits are used”.
The Oakley Greenwood report, to be released today, found that the benefit of rolling out the smart meters would be between $1.87 billion and $3.51 billion over 20 years and that when combined with additional demand management services the benefits would be between $2.58 billion and $5 billion over the same period.
via Smart meters to save $5bn: report.
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