Smart meters show signs of recovery
Figures from Electralink show that numbers of new smart meter installations have recovered from a slump during the coronavirus lockdown.
Electralink said new smart meter installations grew by 120 per cent between June and July 2020. However, that figure is lower than the number of meters installed this time last year, according to Electrical Review, with June’s figures down 67 per cent on 2019 and July’s down 36 per cent.
Energy suppliers had hoped to be closer to meeting the Government’s target of taking ‘all reasonable steps’ to install smart meters in all homes and small businesses by the end of 2020. However, the Covid-19 slump has put suppliers off target, and the Government has extended the deadline by four years until 2024.