Remove 2022 Remove Business Energy Monitoring Remove Energy Monitor Remove Europe
article thumbnail

Six GB suppliers fined £10.8m for missing smart meter installation targets

Smart Energy International

The six suppliers missed the installation targets for 2022 by a total of almost 1.03 million smart meters. The six suppliers are British Gas, OVO, Bulb, E.ON, Scottish Power and SSE and they will pay the combined total of £10.8 million (US$2.10) Scottish Power – £1.24 million (US$2.10) Scottish Power – £1.24

article thumbnail

34.8 million smart meters in Britain

Smart Energy International

million smart electricity and gas meters were installed in British homes and small businesses, amounting to 61% of all meters, reports the UK Department for Energy Security and Net Zero in their quarterly smart meter update. million were smart electricity meters and 14.5 At the end of 2023, 34.8

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

400,000 smart meter rollout set to go ahead in Cyprus

Smart Energy International

Following a tender review, local press has reported that the Cyprus Telecommunications Authority (CyTA) can proceed with the 400,000 smart meter rollout across the island. In February 2024 Cyprus’s Electricity Authority, the state-owned energy company, awarded the tender for the smart meter rollout to CyTA at a cost of €39.9

article thumbnail

Finland’s Vaasa Sähköverkko to instal 65,000 smart meters

Smart Energy International

Vaasa Sähköverkko Oy (Vaasa Electricity Network) has contracted Landis+Gyr for a 10-year smart metering project. The initiative in the Finland west coast city of Vaasa includes the supply and installation of 65,000 smart meters, IoT network communication and a 10-year managed service agreement. Have you read?

article thumbnail

326 million smart meters across Europe by 2028 – report

Smart Energy International

The penetration of smart meters across Europe is expected to increase from about 60% in 2023 to 78% in 2028, Berg Insight reports. In the latest Europe smart meter review, Berg Insight reports that at the end of 2023, there were more than 186 million smart electricity meters – an increase of about 4% over 2022.

article thumbnail

Smart meters for prepayment customers lagging in Britain

Smart Energy International

The smart meter rollout for traditional prepayment customers is progressing more slowly than for standard credit customers, Ofgem believes. The letter notes that while the percentage of premises with a smart meter in Great Britain is approximately 60%, this is not the case for prepayment premises. Have you read?

article thumbnail

How to win the Home Energy Management business battle

Smart Energy International

The growth of Home Energy Management (HEM) has led to a burgeoning, heretofore fragmented market, within which rages a business battleground of players large and small. The key to winning, explains Yusuf Latief in Smart Energy International ’s Power Playbook column, will be ownership of customer confidence.