COVID-19 may still be impacting on the energy industry but the upward trajectory for Smart Meter installations continued in July. July’s figures were close to 152,000 which is 120 percent more than the previous month. While July’s figures still show a 36 percent drop against the same month last year, the gap is closing (June 2020’s numbers were 67 percent down on the previous year).
East of England had the most installations with 20,000 installations followed closely by the East of England with 20,000 installs and East Midlands with 15,000. The cumulative number of installations since the programme began is 13,620,000.
In Q3 last year, BEIS announced the smart meter installs rollout deadline would be pushed back to 2024, and Ofgem has indicated it will review its planned works for 2020.
These insights were provided by ElectraLink’s Data Transfer Service Operations Team. For any questions on the information or data sources, please contact our helpdesk at [email protected] or call 020 7432 3012 for any questions about our energy market data services.
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The analysis is based on the D0150 data flows transmitted across our network and we believe capture the vast majority of smart meter installations.
The users of the DTS have given ElectraLink permission to intercept and analyse this, and other data flows, subject to certain conditions.
Our analysis defines smart meters as those models with the capability to handle time of use tariffs and which can be remotely updated.
For installations after September 2013, we count all meters flagged as SMETS1, SMETS2 or non-SMETS. For installations before the industry standard designation was agreed, the allocation is based on the make and model of meter.