2020 Report details for project: Smart Metering Implementation Programme
| Project name | Smart Metering Implementation Programme - there are 11 reports for this project: 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023 |
|---|---|
| Google search | Google search on project name (opens in new window)  |
| Contracts | Contracts search (opens in new window) - under development |
| Organisation | BEIS (D1198) - see all reports for this organisation |
| Report year | 2020 (data is from September 2019) |
| Category | Infrastructure - see all reports for this category |
| Description: | To offer every home and small business a Smart Meter by 2020. |
| DCA (RAG) | Amber |
| DCA text: | The IPA Delivery Confidence Assessment (DCA) rating at Q2 1920 (30th September 2019) was Amber, which has improved since last year's Q2 1819 Amber/Red, due primarily to the following factors; - There are now c.17 million smart and advanced meters operating across Great Britain. - The Programme has worked with industry delivery partners to successfully implement complex technical solutions that will transform the customer experience. - The Programme has updated its Cost-Benefit Analysis. Since the Q2 1920 (30th September 2019) Amber IPA DCA, the following primary project actions have impacted the original Q2 IPA DCA; - The Programme has consulted on a new regulatory framework for energy suppliers to drive market-wide completion of the smart meter rollout as soon as practicable. - The Programme continues to work with industry delivery partners to implement and drive market-wide completion, while also taking into account the impact of COVID-19. |
| Start date | 2009-12-02 |
| End date | 2024-12-31 |
| Schedule text | The scheduled baseline project end date at Q2 1920 (30th September 2019) is 31/12/24, has lengthened by 1461 days since last year's Q2 1819 date of 31/12/20, due primarily to the following factors; - The Programme is on schedule to meet the commitment for every home and small business to be offered a Smart Meter by the end of 2020. - The updated 2019 Cost-Benefit Analysis includes an extended appraisal period so the Programme has consulted on the introduction of a new regulatory framework for energy suppliers that supports market-wide rollout of smart meters as soon as practicable. Since the Q2 1920 (30th September 2019) baseline project end date of 31/12/24, the following primary project actions have impacted the original Q2 baseline project end date; - A thorough evaluation of the new regulatory framework consultation responses has been conducted. - The impact of COVID-19 is being considered with key stakeholders and assessed by the Programme. |
| Baseline | £1,065.90m |
| Forecast | £1,065.90m |
| Variance | None% |
| Variance text: | Budget variance less than 5% |
| Whole Life Cost | £20,136.95m |
| WLCost text: | The baseline Whole Life Cost at Q2 1920 (30th September 2019) is £20,136.95m, has increased by £2921.18m since last year's Q2 1819 (£m) baseline Whole Life Cost of £17,215.78m, due primarily to the following factors; - The updated 2019 Cost-Benefit Analysis includes an extended appraisal period. As a result, it captures both additional costs and additional benefits over the new appraisal period. - Overall, the benefits have increased by more than the costs resulting in an increase in the net benefits for the Programme. Since the Q2 1920 (30th September 2019) £20,136.95m baseline Whole Life Cost, the following primary project actions have impacted the original Q2 baseline Whole Life Cost; - A lessons learned exercise around the new Cost-Benefit Analysis has been conducted. - Programme costs continue to be effectively managed, and addressed through appropriate governance groups. |
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| Notes2: | |
| Sourcefile | IPA_2020.csv |
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Acknowledgement: GMPP data has been re-used under the Open Government Licence.