Chart of the week | Fix Up, Look Smart – SMETS installation dates on the horizon

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 various versions of the Smart Metering Equipment Technical Specifications (SMETS) should be installed.

This week’s Chart of the Week looks at the periods in which suppliers can install different versions of smart meters, following the latest dates being set by BEIS in July.

Rowan Hazell

Rowan Hazell

To keep reading, please log in to your account

Log in
Contact us

Related thinking

Business supply and services

Supplier of Last Resort true-ups confirmed by Ofgem

Ofgem has published its decision documents confirming the Supplier of Last Resort (SoLR) true-up claims submitted by energy suppliers and the amounts it has agreed as part of their SoLR levy claim. In this week’s 'Chart of the week', we review the SoLR true-up claims.

Business supply and services

The first month of the EGL against a backdrop of falling wholesale prices

The end of January means the end of the first month of the Electricity Generator Levy (EGL). First announced as part of the Autumn 2022 budget, the EGL places a 45% tax on generation receipts above £75/MWh for non-Contracts for Difference (CfD) renewable and nuclear generators until March 2028. In...

Home supply and services

With wholesale prices falling, how many domestic customers are looking for better prices?

In anticipation of supply contracts being offered below the Energy Price Guarantee (EPG), what might happen to customer switching rates? In this week’s 'Chart of the week', we look at how many domestic consumers might be ready to switch when suppliers increasingly offer contracts below the price cap supported level,...

Energy storage and flexibility

What’s GoOing on with REGOs?

The world of Green Certificates is a complex area of the energy sector and is set to become more-so as we head towards a period of major regulatory change in 2023. The EU’s Guarantee of Origins (GoOs) and GB’s equivalent Renewable Energy Guarantee of Origin (REGOs) are certificates proving the production...

Home supply and services

Market share shifts: Octopus Energy’s acquisition of Bulb accelerates growth

On Saturday 29 October BEIS confirmed it had approved the transfer of Bulb’s 1.5mn customers, as well as 650 employees, to Octopus Energy. In this week's 'Chart of the Week', we look back over time at the two suppliers and the growth Octopus Energy has seen through organic means and...

Regulation and policy

Adjustments to the Energy Bill Relief Scheme

In October, the government announced a number of adjustments to the Energy Bill Relief Scheme (EBRS) for non-domestic consumers. In this week’s 'Chart of the week', we look at the impact of the maximum discount on those businesses that have been unable to fix their energy costs.

Energy storage and flexibility

Record renewables pipeline: will investors reconsider after UK proposes green revenue cap?

News this week that the UK government is mulling over a cap on green generation revenues comes at a time when our research finds that the investment pipeline for electricity renewables generation is the highest it has ever been. In our Renewables Pipeline Tracker (RPT) service we analyse the growing...

Energy storage and flexibility

It’s a fix! BEIS floors competitive energy market

Last week saw the government announce the Energy Price Guarantee (EPG) which will see the typical dual fuel household’s unit rates capped at 34p/kWh for electricity and 10.3p/kWh for gas. Customers on fixed tariffs will get support to bring their tariffs down to the same level, up to 17p/kWh of...