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<p>Our central estimate of energy savings to domestic consumers as a result of smart
metering is 2.8% for electricity every year in comparison to what consumption would
have been in that year without smart meters (prepayment and credit) and 2% for gas
(credit) and 0.5% for gas (prepayment). The energy savings assumptions are conservative
in comparison to international evidence.</p><p>In March 2015 DECC published research
on the effects of the early rollout of smart meters – The Early Learning Project:</p><p><a
href="https://www.gov.uk/government/publications/smart-metering-early-learning-project-and-small-scale-behaviour-trials"
target="_blank">https://www.gov.uk/government/publications/smart-metering-early-learning-project-and-small-scale-behaviour-trials</a>.</p><p>The
Early Learning Projects findings around levels of energy consumption reduction are
that DECC’s steady-state projections for the main roll-out fall within the confidence
intervals of the energy consumption reductions observed in the research for both gas
and electricity. However evidence suggests that larger energy savings are achievable;
it is realistic to expect durable energy savings of 3 per cent provided engagement
is effective, and larger savings are feasible in the future.</p>
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