The rate of smart meter installations has fallen to its lowest level since 2016, barring the immediate aftermath of 2020’s Covid-19 lockdown. During the first three months of 2024, just over 780,000 smart and advanced meters were installed in the UK. Outside of lockdown, that is the lowest number of installations recorded during a quarter since the Q2 in 2016, when 639,000 homes and businesses had smart meters fitted.