Smart Meters
All suppliers have been set targets to install smart meters for electricity and gas. Our targets and results for 2023 are below:
Our* 2024 targets are 1755 electricity smart meters and 786 gas smart meters.
Help us to help you go green. Check out our frequently asked questions below for more information on smart metering.
What are smart meters?
Smart meters are the next generation of gas and electricity meters. Like a traditional meter they’re installed in your premises and record how much energy you use, but instead of you having to send us this information each month, your smart meter automatically sends us this information which means we can always provide you with an accurate bill.
What are the benefits of a smart meter?
Smart Meter Guides & Information
Frequently Asked Questions
All suppliers have been set targets to install smart meters for electricity and gas. Our targets and results for 2023 are below:
Our* 2024 targets are 1755 electricity smart meters and 786 gas smart meters.
Help us to help you go green. Check out our frequently asked questions below for more information on smart metering.
How do smart meters help with climate change?
In 2019, Parliament passed laws requiring the government to reduce the UK’s net emissions of greenhouse gases by 100% relative to 1990 levels by 2050 – this is the “net zero” target you’ll have heard about. Smart meters are a key part of the changes we need to make in energy usage to achieve that target. The accurate near-real time data smart meters produce will enable our energy system to better able to respond to change in energy demands. It will also mean our energy system is more efficient, making the most of renewable sources and relying less on fossil fuels.
What is a smart meter?
It’s an electronic device installed in your premises that automatically sends information about your energy usage to your supplier.
Do I need an internet connection for a smart meter to work?
No. Your smart meter will send reads via existing mobile or radio signals in your area.
Why are we upgrading to smart meters?
A part of the nation’s efforts to reduce energy usage, the UK Government wants energy suppliers to install smart meters in all homes and businesses by the end of June 2025.
More than 21.5 million smart meters have been installed already. This initiative will help significantly in helping Britain reach net zero by 2050.
Be smart with your business energy and opt-in to a smart meter today!
*In this context, ”we” means, for electricity customers, Sinq Power Limited (as the holder of the electricity Supply Licence) and, for gas customers, Economy Gas Limited (as the holder of the gas Supply Licence). Sinq Power Limited and Economy Gas Limited are wholly owned subsidiaries of Verastar Limited.