Home energy customers may compare dual fuel after smart meter addition

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Installing a smart meter does not have to be the end of the road for those looking to reduce their home energy bills, with comparing dual fuel prices still an option.

Research by Datamonitor shows the smart meter market will grow to be worth $5.7 billion (£3.5 billion) by 2015.

This represents a 350 per cent increase on 2009 levels and is described by one expert as being a sector with "unstoppable momentum".

Jon Lane, energy director at the organisation behind the study, added: "The market is snowballing as policy makers and utilities invest in smart metering because everyone else is doing it."

However, he said the technology will only have a positive impact if people lower their fuel consumption.

Switching to a dual fuel supplier may be another way to reduce monthly outgoings on electricity and gas.

A recent report by the Daily Mail suggested comparing electricity prices online can save up to £200 a year.

Posted by Richard Eden

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