Centrica Share Price (CNA)

Afraid your theory is wrong today OWLS. This share is struggling to get off the ground whatever the FTSE is.

This tends to go against the FTSE, always helps on a bad FTSE day like today. With a beta of 0.59 it is a good defensive stock.

Kiwi, as I understand it the cost to the consumer at an individual level is nothing BUT the whole program is costing hundereds of millions and we are collectively paying. IMV they are useless because there is no variation in tariff to justify their use , save the limited national gris 'trial'. Furthermore not all smart meters work with all suppliers. What the country needed but did not get was a market with energy prices varying throughout the day to encorage smart use of energy when cheap and lower usage when expensive , What we got was an expensive whit elephant and totally missed the opportunities a smart grid could offer. I shall not be having one and contributing to the debacle until the market is reformed.

The average cost of a smart meter is added into your energy bill the same way as a standard meter is, averaging at around £30-70 per household, per month.

However, the price can differ depending on the size of the house and how much gas and electricity gets used, as well as the specific energy company, type of smart meter and the accessibility of your home.

The government has encouraged all UK energy suppliers to roll out smart meters into households by 2024, hence the low installation costs.

Has risen, but this has fallen. Not a good sign. I notice it has been trending with the ftse recently.