The smart meter rollout has continued at a steady pace as 196,000 installations were recorded in August – six percent more than July and four percent more than August last year.
Amid surging energy prices affecting dozens of countries, smart meters have been hailed as one of the key measures for keeping bills accurate as colder weather, shorter daylight hours and subsequent higher energy consumption approach.
There have been 1.5mn installations so far in 2022 – an average of 195,000 per month. Cumulative installations have reached 18.8mn since the rollout began over a decade ago.
Regional distribution of installations followed typical trends in August. East England topped the national effort with 28,000, followed by Southern England with 23,000 and the East Midlands with 20,000 installations.
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]. Visit the SmartInsight page on our website or call 020 7432 3012 for any questions about our energy market data services.
ElectraLink’s Advisory Services experts, with decades of experience in regulatory consulting, are available for energy market participants needing training, guidance and processes to deliver their obligations for the smart meter rollout. Contact the team at [email protected].
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NOTES:
These figures represent electricity smart meter installations in GB. Visit the Department for Business, Energy & Industrial Strategy’s website for the latest dual fuel smart meter reports.
The analysis is based on the D0150 data flows transmitted across our network and we believe capture the vast majority of electricity smart installs.
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.