An energy trade organisation has warned the government that its latest target to fit smart meters in 85 per cent of homes by 2024 cannot be met and that its members were being “set up to fail”. In a letter to the Department for Business, Energy and Industrial Strategy, Energy UK said its members, who make up about 90 per cent of the energy supply market, could face large fines because of the deadline. Energy UK’s membership includes most of Britain’s energy companies, including British Gas, EON and EDF. Research conducted by Frontier Economics, the economics consultancy, for the association suggested that only 68 per cent of homes would have a smart meter by the end of 2024 and that only one in eight suppliers would be likely to meet the 85 per cent target by the deadline.
Times 15th Nov 2019 read more »
The smart meter rollout will miss its 2024 deadline because the government is underestimating how many people are saying no, a report has claimed. The project, which aims to see one of the devices in every household, was delayed by four years earlier this Autumn and the Government now wants energy firms to have reached 85pc of customers by the end of 2024. But a report commissioned by the industry trade body Energy UK suggests that in the “best case scenario”, suppliers will only manage to give 68pc of their customers smart meters by that date. In a separate response to the Government’s consultation on its plans for the £13.5bn roll-out after 2020 Energy UK warned that “consumer appetite to proactively seek the installation of a smart meter has plateaued well below the levels previously hoped”. The devices are not compulsory and many households have proved unwilling amid confusion as to the benefits of the devices and fears over the security of customer data.
Telegraph 14th Nov 2019 read more »