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The Data Communications Company revealed British Gas installed the milestone meter. More than half-a-billion messages have been sent across its network.
6 years ago
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Next-day switching is scheduled to go live in 2021, but Doug Stewart, chief executive of Green Energy UK, tells Utility Week that the process could open a loophole for "serial switchers" to exploit.
One industry voice estimates it will be at least 2028 before 85 per cent of homes have a smart meter. Installation rates have been increasing, however.
By summer 2021 consumers should expect to switch their energy supplier by 5pm the next working day. Industry regulator Ofgem and the Data Communications Company are working towards creating a centralised switching service to facilitate this but one industry expert has referred to recent experiences with the smart meter rollout and questioned whether the timescale can be met.
The latest figures from Energy UK show there was a record number of switches between small and mid-tier electricity suppliers in October.
A former energy chief said while a Labour majority was unlikely, it could pose a problem for the deal. Labour announced plans to nationalise the big six energy companies in its manifesto.
The rate of customer losses from British Gas is lower than in the first half of the year. In July chief executive Iain Conn announced he was stepping down from his role after an “exceptionally challenging” first half of 2019.
Gas users and developers have laid out a three-point plan to ward off the threat of greater energy price volatility.
Energy UK has proposed a series of measures to aid the smart meter rollout. The trade body has also warned that the 2024 deadline as it stands is not achievable.
The regulator has announced a replacement for Jonathan Brearley's role of executive director for systems and networks, as well as confirming Brearley's start date as chief executive.