Our latest Domestic Smart Metering Market Report, covering Q218, shows a record quarter for smart installations. The 1.56mn installations represent an increase of 29% on the previous quarter, and takes the total number of smart meters now deployed to 13.2mn, over 25% of all domestic meters.
However, we have consistently shown the rate of installations has never been high enough to meet the 2020 deadline, as highlighted in the chart. This shows the actual quarterly installation rate, as well as the rates required to meet the 2020 and (theoretical) 2023 deadlines on a constant basis at any given point. Indeed, the actual installation rate has never been half of that required to meet the 2020 deadline.