The smart meter installations programme in Great Britain is rolling at a steady pace as installations for 2023 so far exceeded 2mn.

The 230,000 installations in October 2023 made it the highest monthly installation total of the year so far and 14 percent higher than the month before. It is also just under five percent higher than October last year.

Ofgem announced this month that it had taken action against energy suppliers for missing their smart meter installation targets for 2022. Six large retailers agreed to pay a total of £10.8mn to the Energy Industry Voluntary Redress Fund which supports vulnerable customers.

In a recent exclusive interview with Utility Week, ElectraLink CEO Dan Hopkinson said installation data suggested the industry should collaborate more efficiently to achieve installation targets and, instead of sending an engineer to install meters at a single property per visit, industry parties could “try and send a team into the area to do as many installs as possible”, among other approaches.

There have been 21.826mn installations since the smart rollout began.

The usual regional distribution of installations took place in October. East England had over 29,000 installations – only a few hundred more than Southern England which recorded just shy of 29,000 installations. The East Midlands had 23,000 installations.

These insights were provided by ElectraLink’s Data Transfer Service Operations Team. For any questions on the information or data sources, please contact [email protected].

Learn more about how data for communication, including smart meter and energy market data insights, can help your organisation.

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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.