The extension of Capita's license to manage the UK's smart meter secure communications platform signifies ongoing investment in a system facing numerous operational challenges and missed deadlines.
The Public Accounts Committee highlighted serious concerns regarding the management of the smart meter rollout, emphasizing the missed deadlines and rising projected costs of the program.
Despite initial ambitions, the rollout of smart meters remains behind schedule, with only 57 percent achieved over four years, prompting critical voices in Parliament regarding future network transitions.
As the rollout of smart meters struggles to meet expectations, the financial benefits for consumers remain limited, with anticipated savings falling short of their potential impact.
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