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star this property registered interest false more like this
unstar this property date less than 2015-07-20more like thismore than 2015-07-20
star this property answering body
Department for Energy and Climate Change more like this
star this property answering dept id 63 more like this
star this property answering dept short name Energy and Climate Change remove filter
star this property answering dept sort name Energy and Climate Change more like this
star this property hansard heading Energy: Meters more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Energy and Climate Change, what the reason is for the difference between the estimated cost of the Smart Metering Implementation Programme of £10.9 billion included in her Department's Third Annual Report on the roll-out of Smart Meters, December 2014 and the whole life costs of £19.25 billion included in the Major Project Authority's Portfolio data for her Department of June 2015. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 8015 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-09-08more like thismore than 2015-09-08
star this property answer text <p>The Annual Report on the roll-out of Smart Meters and the Major Project Authority’s report use the same underlying data, taken from the Programme’s Impact Assessment:</p><p><a href="https://www.gov.uk/government/publications/smart-meter-roll-out-for-the-domestic-and-small-and-medium-non-domestic-sectors-gb-impact-assessment" target="_blank">https://www.gov.uk/government/publications/smart-meter-roll-out-for-the-domestic-and-small-and-medium-non-domestic-sectors-gb-impact-assessment</a>.</p><p>The difference between the estimated costs is due to the two reports using different methodologies to present the same cost information of the Programme.</p><p>The Annual Report on the roll-out of Smart Meters expresses information in real prices and present values. This follows Treasury guidance for policy appraisal and is aimed at providing future cost and benefit information in a way that is most meaningful for decision making.</p><p>The cost figures in the Major Project Authority’s report are expressed in nominal terms and are not discounted to present value terms. This is aimed at achieving comparability across Government projects but can result in different figures between Impact Assessments and the data reported by the Major Project Authority.</p>
star this property answering member constituency South Northamptonshire more like this
star this property answering member printed Andrea Leadsom more like this
star this property question first answered
remove filter
star this property answering member
4117
star this property label Biography information for Andrea Leadsom more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this