Large energy suppliers are ‘losing the battle’ against the 2020 deadline for the rollout of smart meters, and need to triple their efforts over the next two years, according to consumer group Which?.
Almost £9 million has been awarded to innovation projects across SMEs, schools and colleges seeking to use smart meter data to allow for greater control of energy use as part of the government’s industrial strategy.
EDF Energy has agreed to pay out £350,000 to a consumer fund to avoid enforcement action by Ofgem after the supplier failed to meet its smart meter targets in 2017.
Innovations to help vulnerable energy customers are at risk of sliding down supplier agendas as a result of the sheer pace of change elsewhere, a new report has warned.