Today’s Chart of the week discusses the latest research from Cornwall Insight which highlighted that 11.5mn smart meters have been installed.
We also explore how the majority of them have been SMETS1 devices in domestic premises. In January the government moved back the SMETS1 end date, from July to October this year. This will give suppliers more time to prepare for high volume installations of SMETS2 devices.
Home supply and services
The full impact of the COVID-19 pandemic on the smart meter rollout is uncertain, although modelling from BEIS and Ofgem has provided early indications of future installation levels. In this week’s Chart of the week we compare these assessments against pre-pandemic expectations. With the introduction of social distancing and lockdown...
Home supply and services
Earlier this week, the Smart Data and Communications Company (DCC) announced the installation of the two millionth SMETS2 meter. The installation was reportedly carried out by British Gas in a house in Surrey. However, with less than 15 months until the smart meter rollout deadline, and around one-third of household...
Home supply and services
Energy suppliers have a licence obligation to take all reasonable steps to install smart meters in homes and microbusinesses by the end of 2020. When installing meters, suppliers must comply with the Installation Validity Periods (IVPs) set out in the Smart Energy Code. They specify when meters complying with the...
Regulation and policy
The Design Working Group (DWG) has published its plan for how the electricity sector could move towards half-hourly settlement (HHS) for the whole market. The Transition Approach Plan seeks to keep the changes that different types of supply point will face separate from one another, in order to prevent delays. In this Chart...
Home supply and services
The domestic energy market is now 18 months away from the smart meter rollout deadline. With the install rate declining, the recent change in technology to SMETS2 is having wide-felt impacts. In this week’s Chart of the Week, we consider whether the change in technology may rebalance regional penetration of smart meters.
Home supply and services
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...
Regulation and policy
This week's Chart of the week looks at the delays to the end of SMETS1 installations in favour of the new SMETS2 smart meters. To ensure the greater benefits SMETS2 offers BEIS proposed an end date on SMETS1 installations. After which the installation of SMETS1 meters would no longer count...
E-mobility and low carbon
Scottish and Southern Electricity Networks (SSEN) raised a modification to the Smart Energy Code (SEC) on 21 February. This has the potential to have some profound impacts on the EV charging sector. In this week's Chart of the week, Ed Reed discusses the raised modification. The proposal is to allow...
