To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment the Government has made of whether the 2020 target for smart meter development will be met (a) on time and (b) within budget.
Answered on
2 December 2016
The smart metering rollout is making good progress, with over 4.2 million smart meters already installed as of end June 2016. The national data and communications infrastructure for smart metering (provided by the Data and Communications Company) is now live across the country, and the Government is committed to energy suppliers offering every household and small business in Great Britain a smart meter by the end of 2020.
The latest Cost-Benefit Analysis for the smart metering programme, which can be found at https://www.gov.uk/government/publications/smart-meter-roll-out-gb-cost-benefit-analysis, estimates overall net benefits of £5.7 billion.