The GB energy market’s smart meter rollout exceeded a significant milestone in February 2023 as the 20-millionth installation was recorded.
There were 182,000 installations reported in February – seven per cent less than February 2022 but not far off the 183,000 smart installations confirmed in January this year.
The average number of smart meter installations over the past 12 months now sits at 196,000 per month. The average number of installations in 2022 was 197,000 per month.
A cumulative total of 20.44mn installations have taken place since the rollout began over a decade ago. This figure was 17.6mn in February last year.
Regional installation rates racked up as expected in February, with East England seeing 24,000 installations, Southern England recording 22,000 and East Midlands reporting 17,000.
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.
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NOTES:
These figures represent electricity smart meter installations in GB. Visit the Department for Energy Security and Net Zero’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.
