2022 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 | 2022 (data is from September 2021) |
| Category | Infrastructure - see all reports for this category |
| Description: | The Programme aims to replace existing traditional gas and electricity meters across Great Britain with smart gas and electricity meters resulting in a cleaner, cheaper and more reliable energy system. Smart meters are a key enabler of technologies such as electric vehicles, smart tariffs and microgeneration to be efficiently integrated with renewable energy sources, underpinning the cost-effective delivery of Government's net zero commitment. |
| DCA (RAG) | Amber |
| DCA text: | Compared to financial year 20/21-Q4, the DCA rating at 21/22-Q4 remained at Amber The IPA and SRO DCA (DCA) rating has continued to be Amber, due primarily to the following factors: -There were 27.8 million smart and advanced meters operating across Great Britain as of end December 2021. -A new 4 year regulatory framework was implementation on 1st January 2022. -Re-mobilisation support across industry delivery partners was established to respond to the impact of COVID-19. Industry has made good progress in re-mobilising workforces and BEIS has continued to provide support to industry. -Customer smart meter eligibility is increasing following positive developments on resolution of residual technical issues. -BEIS continues to work with energy suppliers to increase consumer uptake through improved consumer engagement and operational fulfilment activities, supported by consumer policies, and to drive faster progress towards a market wide roll-out. |
| Start date | 2009-12-02 |
| End date | 2025-12-31 |
| Schedule text | Compared to 2021-Q4, your project end-date increased from 30 JUN 2025 to 31 DEC 2025 This is primarily due to the following factors: The obligation on energy suppliers to take all reasonable steps to install smart meters was extended by six months to 31 December 2021 to enable them to manage disruption caused by COVID-19. Consistent with this decision, the new four-year Targets Framework commenced on 1 January 2022 and will end on 31 December 2025. |
| Baseline | £9.90m |
| Forecast | £9.90m |
| Variance | 0.00% |
| Variance text: | The budget variance is inferior or equal to 5%. |
| Whole Life Cost | £20,147.00m |
| WLCost text: | Compared to2021-Q4, the projects Baseline Whole Life Cost increased from 20136.95 (£m) to 20146.85 (£m). This is primarily due to the following factors: The baseline Whole Life Cost has increased from £20,136.95m to £20,146.85 as it now includes the agreed programme costs for 2021/2022 which were confirmed through the BEIS business planning process. |
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| Notes2: | |
| Sourcefile | IPA_2022.csv |
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Acknowledgement: GMPP data has been re-used under the Open Government Licence.