The distributor has worked with NGS on metering contracts for a decade but this represents the first time it will install electricity meters. The contract was awarded following a tendering process.
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OVO Energy, based in Bristol city centre and London, is one of just a few companies already using smart meters to offer innovative products, such as rewarding customers for charging their electric vehicles at off-peak times. These offers, made possible thanks to a smart meter, help customers use energy at times when there is less demand on the grid, in turn saving money on their bills.
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The smart meter rollout is a fantastic opportunity to bring cutting edge technology into the heart of people’s homes. Through in-home displays being installed in every home and business in the UK, people across the country will be enabled to use energy more efficiently. Crucially, in times when many people are concerned about the costs of their energy usage, householders will also be able to use information provided by the meters to make substantial savings on their energy bill.
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Energy suppliers have chosen to take a cautious approach to smart meter installations. So far only 4 million of the required 53 million meters have been installed, according to the consumer campaign Smart Energy GB. But suppliers have good reason to be hesitant. Ongoing concerns about the adoption of SMETS 1 meters on to the Data Communications Company (DCC) system has resulted in many waiting for the DCC network to launch before ramping up installation rates to the necessary levels.
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