Smart meters

  • Press Releases

    Smart meter rollout significantly dented by COVID-19 lockdown

    Unsurprisingly, the COVID-19 pandemic has made the progress of the smart meter rollout uncertain. Research from Cornwall Insight looks at BEIS and Ofgem’s initial indications of future rollout levels compared to pre-pandemic expectations. The below graph shows two COVID-19 impacted rollout profiles, based on recent assessments from Ofgem and BEIS...

  • Press Releases

    SMETS2 meters account for 90% of smart meter installations

    Last year there were around half a million SMETS2 smart meters installed and almost 12mn SMETS1 meters deployed. A year on, SMETS2 installs have ramped up. Not only this, but the migration of SMETS1 meters onto the Data Communications Company’s (DCC) systems is making progress. As of 26 February, over...

  • Press Releases

    Energy connected homes services set for substantial growth

    The market for connected home* devices is set to grow substantially over the next five years. Research from Cornwall Insight’s new Connected Homes Insight Service has identified increasing levels of entry and investment, with rates of entry more than doubling over the last decade. Both start-ups and established companies, including...

  • Media Mentions

    Smart Energy International | The seven key benefits of SMETS smart meters

    Oliver Archer discussed the seven key benefits with Smart Energy International. He explained that SMETS provide consumers with access to better information to their energy consumption, provide accurate billing and support a range of time of use tariffs. He explained that SMETs meters ensure the development of smart grids and...

  • Press Releases

    Smart installs need to take place every seven seconds to cover 85% of homes by 2024

    Last week, BEIS issued plans to set new binding annual smart meter installation milestones for suppliers, culminating in the requirement for each supplier to meet a minimum 85% coverage level by 31 December 2024. However, this is by no means a reprieve for suppliers, with figures from Cornwall Insight showing...

  • Press Releases

    Over 50,000 smart meters would need to be installed every day to meet target

    Although the smart meter rollout deadline is just 18-months away for the domestic energy market, the install rate is declining. In fact, Cornwall Insight’s Domestic Smart Metering Market Report recorded a drop in the number of smart meters being installed for the last three quarters. As a result, Cornwall Insight’s...