This from smart energy GB,
Does a smart meter mean my energy can be cut off more easily?
No. You’re protected by strict regulations against your energy supplier switching off or disconnecting your gas or electricity supply. This protection remains as strong with smart meters as it is with traditional meters.
Please also note that UK energy consumption is falling, not rising, and has fallen 15% in the last decade. We do not need a new Hinkley plant, and it will not provide any EXTRA capacity, as the old plant is ready to be shut down. Coal is very little used now, by far the biggest part of the load is met by combined cycle gas turbine.which is approaching 48% efficient. One of the main problems is nuclear, which is steam turbine generation, thus only about 33% efficient, and which at best can only provide about 24% of peak load with all stations flat out, which they almost never are due to maintenance, refuelling etc, but they are the only electricity generator that gets to sell every watt they produce, thus renewable enrgy like wind is actually turned off if nuclear stations have excess capacity. It would make far more sense to use every watt we can from wind, solar and other renewables, and then top up with CCGT and use nuclear as a last resort, as it is the most expensive by far, if you also count the huge cost of decommisioning, which is also paid by the taxpayer. this "keeping the lights on" claim is a myth, we have many oil fired back up stations, which are fully fuelled and ready to go, should there be a really major power station failure, they are started once a year to check them out
As all lighting in homes shops offices and streets turns to LED there will be further huge cuts in consumption. As a rule of thumb, a CFL uses 45% less than an incandescent lamp, and an LED uses 95% less than an incandescent, which is probably the reason that EDF are getting cold feet over Hinkley, they doubt its long term profitability, even though the electricity it will produce will be sold to us three times the cost of todays power. What smart metering, combined with the internet of things is supposed to do, is enable load to be matched to generating capacity at peak times, and spare capacity that appears suddenly from sources like wind to be used instead of rejected. it is supposedly a way of increasing efficiency, and thus profit, but personally,I think it was better when it was nationalised, and there were two tariffs, domestic, and commercial, although strangely, we in the UK were the only people in Europe who charged commercial (bulk) users more than domestic.
http://www.gridwatch.templar.co.uk/ gives you all the info in real time! ( updates every two minutes anyway!!)
Phil