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The business case for smart metering has been developed by the previous and current governments over the last four years, supported by extensive analysis, consultation and detailed discussions with stakeholders. This included consideration of an alternative option of rolling out consumer displays and provision of historical information on energy bills.The Coalition programme for government included a commitment to roll out smart meters. In addition to providing consumers with greater visibility of, and control over, their energy use, smart meters will help energy suppliers provide improved customer services and deliver significant cost savings to industry, which will ultimately benefit consumers. In addition, it will help to facilitate the development of a smart grid and the uptake of electric vehicles and microgeneration. The impact assessment indicates that the rollout of smart meters will deliver more than £7 billion of benefits to the country. |