A return on the smart meter investment

Victoria's smart meter push has faced fiery criticism, but with internet-based consumption and bill projections now being offered to consumers, it's easy to see how the investment can pay off long-term.

The compulsory roll-out of smart meters in Victoria was hammered by the media and became a political football. Initially there were legitimate complaints about how the installation was funded up-front by a consumer levy. The campaign quickly degenerated into wilder allegations that the meters were inaccurate, fireprone and “radioactive”.

A subsequent review found all these allegations were baseless and the Baillieu government decided to continue the rollout.

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