Places for People implements smart solution for rising electricity prices

Places for People

London, UK — (METERING.COM) — August 17, 2006 – Places for People, a UK-based property management and development group, has today announced that it has successfully launched a new pilot smart meter project in order to improve energy efficiency and lower monthly electricity bills.

The company has installed 30 Electrisave smart meters in homes at Broughton Atterbury in Milton Keynes. Should the pilot prove successful, Places for People will install meters in all the 229 homes in the Broughton development and possibly roll them out in the 58,000 homes it manages nationwide, as well as in all its future developments.

Initial figures indicate the meters helped residents save between 13 and 15 percent on their electricity bills, and reduced carbon dioxide emissions by a possible 233kg per year. The system works by installing a small display screen anywhere in the house that shows residents how much electricity they are using, as well as the cost in pence per hour.

David Cowans, Chief Executive at Places for People, said: “More action from suppliers is needed to improve energy efficiency among customers. With rising prices and concerns over the environment, it is imperative that people understand more about how they consume energy and how much it is costing them.

“By installing smart meters, Places for People customers will be able to get clearer information about their energy consumption. This will give them more control and choice in their consumption and by taking simple steps, such as not leaving appliances on standby, they will be able to save hundreds of pounds whilst helping protect the environment”.

Jodie East, a resident who had the meter fitted earlier this month, added: “The Electrisave meter has enabled me to make an informed choice about how and when I use electricity. I was shocked to see how much simple things like turning on a kettle or leaving the lights on overnight actually costs. It has definitely made me think about how I can be greener, and help save myself money whilst protecting the environment.”