The following Energy guidance note provides comprehensive and up to date legal information covering:
GB’s licensed electricity and gas suppliers are required by their supply licenses to ensure all reasonable steps are taken to roll out smart meters to domestic and small business customers by 31st December 2020. This will involve an estimated 53 million smart meters being installed in homes and small businesses throughout Great Britain (GB). The roll out of smart meters is expected to reduce customers’ energy bills, while increasing energy efficiency and making it easier to change energy supplier.
For a detailed overview of the regulation of smart metering roll out in GB and the way in which energy suppliers typically structure and finance transactions to facilitate this roll out, see Practice Note: Smart metering regulation and smart metering projects. For an introduction to what smart meters are, see also Practice Note: What is a smart meter?
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