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UK energy watchdog slaps down Capita's £130M smart meter splurge

Regulator finds poor planning and overuse of consultants added to costs in ailing rollout

UK energy regulator Ofgem is set to disallow current and projected costs of nearly £130 million ($165 million) accrued by Data Communications Company (DCC), the Capita-owned monopoly responsible for the UK's smart meter platform.…

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