The newest good meter set up knowledge for Great Britain reveals a slowdown in deployment. Suppliers are tasked with offering three out of 4 households with good meters by the top of 2025 – failure may end in monetary penalties.
Smart meter deployment has slowed in Great Britain, in line with the most recent figures from the UK Department for Energy Security and Net Zero (DESNZ). A complete of 780,800 good and superior meters had been put in by main power suppliers throughout Great Britain within the first quarter of 2024, a ten% lower on the earlier quarter and an 11% which decreased throughout the identical interval in 2023. reducing since 2021, when 3.9 million had been put in. That quantity drops to three.5 million for 2023.
As of March 31, 2024, there shall be 35.5 million good and superior meters in properties and small companies throughout Great Britain, which means 62% of all meters at the moment are good or superior meters. The newest good meter targets set by the UK authorities name for 74.5% of properties and nearly 69% of small companies to have good meters put in by the top of 2025.
DESNZ knowledge exhibits home good meter deployment barely forward of economic premises. Across all power suppliers there have been 33.7 million home good meters put in by the top of Q1 2024, akin to 63% of all home meters. This contains good meters that function in conventional mode – meters that function with out clever performance. For small companies, there are 1.8 million good and superior meters on small non-domestic websites in Great Britain, equal to 57% of all meters on small enterprise websites.
Electricity good meter installations proceed to outpace fuel. By the top of March 2024, 60% of electrical energy meters operated by main power suppliers shall be in good mode, in comparison with 50% for fuel.
From January 2022, all fuel and electrical energy suppliers serving clients in Great Britain have binding annual set up targets to roll out good and superior meters of their remaining non- good clients by the top of 2025. In the primary 12 months, 31 of the 49 suppliers did not hit their electrical energy meter targets, whereas 23 suppliers failed to satisfy the targets for the fuel meter set up. In response, trade regulator Ofgem took enforcement motion towards British Gas, OVO, Bulb, E.ON, Scottish Power and SSE, with the businesses agreeing to pay a complete of GBP 10.8 million ($13.8 million) to an power charity fund.
Ofgem has confirmed that some suppliers have failed to satisfy their 2023 set up targets, however has not introduced any enforcement motion thus far.
Geographically, good meters are evenly distributed throughout Great Britain. Only 9 native authorities have lower than 40% protection for home electrical energy meters – concentrated in northern Scotland and interior London.
A spokesperson for Smart Energy GB, a government-backed client engagement marketing campaign, mentioned pv journal the 35 million good meters put in thus far characterize a “vital achievement for such a posh infrastructure improve within the nation.”
“The majority of good meter house owners, eight out of 10, imagine that the launch is a constructive step for the nation,” they mentioned.
Quarterly good meter statistics revealed by DESNZ apply to England, Scotland and Wales and don’t embody knowledge for Northern Ireland.
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