2023 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 | DESNZ (DX01) - see all reports for this organisation |
| Report year | 2023 (data is from September 2022) |
| 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 21/22-Q4, the Senior Responsible Owner's DCA rating at 22/23-Q4 remained at Amber. This is primarily due to the following factors.- There were 32.4 million smart and advanced meters operating across Great Britain as of end March 2023.- A new 4-year regulatory framework was implemented on 1st January 2022 with minimum installation targets set for energy suppliers for 2022 and 2023.- Work is underway on the Mid-Point review of the Targets Framework. A consultation on minimum installation targets for years 3 and 4 of the Framework (2024 and 2025) closed on 21 March and responses are now being reviewed.- Customer smart meter technical eligibility moved to 99% in January 2023 with the controlled commencement of Alternative Home Area Network solution installations. Deployment is due to enter the mass rollout phase later in 2023. - DESNZ/SMIP continues to work with energy suppliers to improve consumer engagement and operational fulfilment activities to strengthen and increase consumer uptake and to continue to support installations at scale. |
| Start date | 2009-12-02 |
| End date | 2025-12-31 |
| Schedule text | Compared to financial year 21/22-Q4, the project's end-date at 22/23-Q4 remained schedule to finish on 2025-12-31. This is primarily due to the following factors.Compared to financial year 21/22-Q4, the project's end-date at 22/23-Q4 remained schedule to finish on 2025-12-31. This is primarily due to the following factors. The new four-year installation Targets Framework commenced on 1 January 2022 and will end on 31 December 2025. |
| Baseline | £0.00m |
| Forecast | £0.00m |
| Variance | None% |
| Variance text: | The budget variance is inferior or equal to 5%. |
| Whole Life Cost | £20,177.00m |
| WLCost text: | Compared to financial year 21/22-Q4, the project's departmental-agree Whole Life Cost at 22/23-Q4 increased from 20147m. to 20177m. This is primarily due to the following factors.Compared to financial year 21/22-Q4, the project's departmental-agree Whole Life Cost at 22/23-Q4 increased from 20147m. to 20177m. This is primarily due to the following factors. The whole life cost figure now reflecting the baseline budgets that were confirmed as part of the Spending Review 2021. |
| Notes1: | |
| Notes2: | |
| Sourcefile | IPA_2023.csv |
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Acknowledgement: GMPP data has been re-used under the Open Government Licence.