PAC publishes report on Smart Meters

adminBusiness Electricity, Energy Efficiency, Utilities Market Regulation

The Public Accounts Committee has published their MPs report on the preparations for the rollout of Smart Meters for all homes and businesses. The Public Accounts Committee (PAC) is responsible for overseeing government expenditures to ensure that they work in the public interest. The Smart Meter rollout is expected to cost £11.7 billion, and the PAC has published a set … Read More

Suppliers fined in new Ofgem action

mattBusiness Electricity, Business Gas, Energy Efficiency, Utilities Market Regulation

Scottish Hydro Electric and 2 other power grid firms have been fined by Ofgem. The three companies include two major players: Scottish Hydro-Electric Power Distribution (owned by SSE), Central Networks (owned by E.ON) and a third smaller firm, Electricity North West. The fines are for failure to connect customers to the national energy grid within the compulsory 3 month deadline.

UK firms waste £1.6 billion on energy

mattEnergy Efficiency, Utilities Market Regulation

Large UK businesses waste an annual amount of energy costing at least £1.6 billion, The Carbon Trust said on Monday. A report published on Monday by The Carbon Trust Advisory said the £1.6 billion total was due to large businesses neglecting energy efficiency measures. The government-run Carbon Trust Advisory released the statement after analysing 1000 firms’ energy efficiency investments over … Read More

BT in Smart Meter Plan

mattBusiness Electricity, Business Gas, Business Telecoms

British Telecom launches a bid to be included in the Smart Meter roll-out The UK Government have set a target of rolling out smart meters – energy meters which will enable suppliers to take meter readings via a wireless network – to every home in the UK by 2020. This is a plan that is estimated to cost over £7 … Read More

Suppliers responsible for rolling out new smart meters

mattEnergy Efficiency

Energy suppliers will be responsible for installing Smart meters in every UK household by 2020. The government has given the go ahead to their smart meter plans for an estimated £8 billion roll out of smart meters to UK homes, with the main energy suppliers deemed responsible for installing the new technology in every UK household. The cost of installing … Read More

Smart Meters in UK Homes by 2020

mattEnergy Efficiency

The Government has unveiled plans for Smart meters to be installed in every home in Britain by 2020. The Government plans, which aim to reduce carbon emissions by more than a third, aim to install a smart meter in every one of Britain’s 26 million homes. They expect this move to to reduce energy consumption and boost efficiency, by allowing … Read More

Smart meters will help reduce energy costs for London brewery

adminEnergy Efficiency

Major brewer Fuller’s has decided to install smart energy meters in 160 of its managed pubs in a bid to reduce energy consumption. The company will be installing new equipment to monitor electricity and gas consumption, which will provide comprehensive information on when and where energy is used. The new smart electricity and gas meters will also provide the company … Read More