An open letter from Ofgem shares concerns that suppliers aren’t doing enough to combat rising incidences of energy theft.  Energy theft is on the rise in the UK. There are more and more incidences of people tampering with their gas or electricity meters to try and get around paying for their energy. Ofgem is not happy with this development, as energy theft has adverse effects across the industry. As a result, they have written an
According to critics, the UK’s smart meter rollout is floundering again and a new approach is needed. What can be done? Let’s find out more. The UK’s smart meter rollout has had a troubled history, to say the least. Since it was first devised in 2008, it’s faced massive technical issues, several budgetary problems and a global pandemic that all but put a halt to the whole thing. The rollout was supposed to be completed
Why do energy suppliers trap so many consumers in tariffs that are too high? Can anything be done? Promoting competition in the energy industry was supposed to work so well. Suppliers were supposed to be able to compete for customers by lowering prices and offering incentives for business, all with the Ofgem energy price cap acting as a safeguard for consumers. However, in the aftermath of the worst energy crisis ever in the UK, many
Ofgem’s energy price cap is at its lowest in 18 months. Can consumers take advantage by switching suppliers at this time? The last 12 months in the energy industry have been volatile for everybody – suppliers, consumers, regulators and the government. Wholesale prices hit record highs, as did consumers’ energy bills. Of course, bills would’ve been even higher if not for the government’s Energy Price Guarantee (EPG), costing the taxpayer tens of billions of pounds. 
The UK’s smart meter rollout is continuing with a vengeance. But while there is news to celebrate, there may be trouble ahead.  It’s fair to say that the UK’s smart meter rollout programme has been a bumpy ride. We’ve had technical problems that caused a whole generation of smart meters to be replaced. We’ve had budget issues and timeline extensions. We’ve even had a global pandemic that all but halted the rollout entirely.  However, even
As the UK government’s energy bill subsidies end, some suppliers may not be playing fair with their customers.  Since October 2022, the government has capped the unit price consumers pay for their electricity and gas through its Energy Price Guarantee. While this support has now ended, from July 2023, the good news is that the current Ofgem price cap is lower than the rate previously set. In theory, customers should be able to switch their
In a world where every penny counts, discover how smart meters can be your secret weapon for saving both energy and money! At Meter Corp, we regularly trumpet the benefits of smart meters, including: Automated meter readings The ability to see your energy use in real-time Nudges towards saving energy (and money) However, it’s emerged that consumers are gaining greater benefits from having smart meters than industry experts (and the government) initially thought. The problem
The UK’s energy regulator has documented the past, present and future of the smart meter rollout. But what does it mean to you?  In an open letter, Ofgem, as the regulatory body in charge of the UK’s energy industry, has set out the current status of the country’s smart meter rollout. It documents everything that has happened this year to progress the rollout and identifies what needs to be done moving forward to meet the
Even if you pay upfront for your energy, you can reap the benefits of smart meters. Are prepayment smart meters right for you? Standard smart meters that display your energy use in real-time and communicate with your supplier are by far the most popular type of smart meter. But they’re not the only type. For example, if you’re on a prepayment tariff with your energy supplier, you can get a prepayment smart meter which brings
While nowhere near previous levels, consumers are beginning to switch power suppliers again. But is the energy industry ready for a return to competitiveness? It’s been a crazy year for the UK energy industry. Thanks to a perfect storm of factors, we’ve seen all-time high prices, blackout scares and unprecedented government intervention. During this time, competition between energy suppliers for consumer business all but disappeared. Even price comparison websites that get paid for delivering switchers
Several major energy suppliers are incentivising their customers with smart meters to save energy at peak times. How does it work? Let’s find out more. We all know about the energy crisis that is engulfing the UK right now. The supply of power is low thanks to many factors, including a resurgence in demand after the pandemic and Russia’s invasion of Ukraine. Energy prices are higher than ever, so high that the UK government is
It’s not just the UK that is reaping the benefits of smart meters. It’s happening all over the world. Let’s find out more. It’s been a rocky ride, with technical issues, financing problems and a global pandemic to overcome, but the UK smart meter rollout is finally progressing towards its target. The target, which has been extended on several occasions, is ambitious. The goal is to get a smart meter in every home and business
We’re all worried about the rise in energy bills, but could your smart meter give you a bit of extra help? Let’s find out more. It’s been the top news story for months. Gas and electricity prices are at record levels due to a perfect storm of factors, including the war in Ukraine and a resurgence in demand after COVID-19. It’s tough for all of us, even with government intervention that fixes the unit price
Some meters are smarter than others. What’s in your home – and could you benefit from a smart meter? Let’s find out more. More and more people are getting smart energy meters every day in the UK. It’s all part of the government’s plan to get a smart meter in every home and business by the end of 2025. But what are they replacing? There are several types of energy meters, all with their own
Smart meters are making a difference to consumers and businesses worldwide, with no signs of stopping. Let’s find out more. We talk extensively about the UK’s smart meter rollout, its setbacks and successes. However, it’s clear that smart meters are becoming a global phenomenon. A new study from Fortune Business Insights on the worldwide market for smart meters predicts impressive growth over the next few years. In this article, we’ll look at the numbers that
Getting a smart meter installed in your home is quite a straightforward process, but it still helps to be prepared. Let’s find out more. Congratulations! You’ve made the decision to get a smart meter installed in your home. Soon, you’ll be able to reap the rewards of having a smart meter, including more accurate bills, no more sending meter readings to your supplier and being able to monitor your energy usage in real-time. However, you
The 20 millionth smart meter has just been installed in the UK. Let’s find out more about the smart meter rollout and look to the future. It’s fair to say that the UK’s smart meter rollout hasn’t gone as smoothly as the government would have hoped when it first began in 2011. There have been several technical issues, notably when it was discovered that many smart meters didn’t work if the customer switched their supplier,
Getting a smart meter is an easy process, as long as you’re eligible. But who can and can’t get a smart meter? Let’s find out more. There are several benefits to getting a smart meter installed in your home or business.  Accurate billing – no more estimated billsConvenience – say goodbye to manual meter readingsReal-time energy use information nudges you towards saving energy – great for your bank account and the planet But, before you
Smart meters are great, but they’re not the only meter you can have in your home. At Meter Corp, we talk a lot about smart meters. That’s because we genuinely believe in the benefits they can bring to energy consumers: Accurate billingEase of use – no more manual meter readingsReal-time energy use information nudges you towards saving energy However, getting a smart meter in your home is not compulsory. You may be happy with the
Smart meters must evolve to catch up with technology and avoid becoming obsolete. How will it happen and who’s paying for it? It’s fair to say that the UK’s smart meter rollout has had its fair share of problems. Technical hitches, budget issues and a global pandemic have all derailed the project at times. However, in 2022, things are starting to get back on track. Installation numbers are high again and many consumers are beginning
What does the new year hold for the smart meter industry in the UK and around the world? Let’s find out more. At Meter Corp, we always like to keep you updated on the fast-moving smart meter industry. It seems there’s always something going on, from the smart meter rollout to new tariffs and beyond.  Looking back on 2021, it’s clear that it was a year of massive upheaval for the smart meter sector as
Still on the fence about getting a smart meter installed? Let’s find out about the brilliant benefits smart meters can bring you. There’s been a lot of talk about smart meters in the news at the moment, especially around the current energy supply issues affecting the country. But is it really worth taking the time to get a smart meter installed in your home? In this article, we’ll go through ten benefits of smart meters.
If you’re a landlord, installing a smart meter into your rented properties can benefit you, your tenants and the planet. Let’s find out more. You already know that smart meters can bring you many benefits. Being able to monitor your energy consumption in real-time makes it easier to understand your relationship with energy. Then, you can make small changes to reduce your energy consumption, saving you money and being kinder to the environment. But did
High wholesale prices are causing problems for energy suppliers and consumers alike, but the UK government is working on measures to solve them. Let’s find out more. It’s an unprecedented time for the energy industry. A combination of events has created a perfect storm, which is bad news for energy suppliers and consumers. Suppliers are going out of business, consumers are facing substantially higher energy bills, while the knock-on effects could be disastrous. The UK
As renewable energy becomes cheaper and more prevalent, your smart meter could be the hub of your new energy-efficient home. Let’s find out more. If you’ve got a smart meter in your home, you’re already aware of how it makes it easy to monitor how much energy you use in real-time. Smart meters keep track of how much gas and electricity you consume at any given moment and display it to you in an easy-to-read
Smart meters are supposed to help you save money, as well as being great for the planet. So why are UK consumers so reluctant to get them? Let’s find out more. The stats tell a bleak story. Ten years on from the start of the UK’s smart meter rollout and only 42% of homes and businesses have had one installed. Even worse, around one-fifth of those meters aren’t running in smart mode. It’s fair to
Just one in six energy tariffs are compatible with smart meters – and they’re more expensive. It could put the smart meter rollout in jeopardy. Let’s find out more. It was supposed to be one of the primary selling points of smart meters – that consumers would save money on their energy bills. Unfortunately, it doesn’t seem to be turning out that way. Research shows consumers find that when it’s time to get a new
A new way for consumers to pay for electricity could alleviate strain on the industry, encourage better habits and make smart meters more beneficial. The energy industry needs to incorporate renewables into the energy mix on a much larger scale as part of its drive towards net zero. This requires some management of demand. Thanks to some logical thinking, there is now a solution that nudges consumers in the right direction rather than punishing them.
Following another delay to the UK smart meter rollout deadline, it’s time to assess where we are and how things can be improved. The smart meter rollout is something we have talked about a lot, but that’s because there is always something new happening. Unfortunately, it is rarely good news. Since the plan to install a smart energy meter in every UK home and business was announced in 2009, there have been budget extensions, technical
With energy suppliers being squeezed from multiple directions at the moment, how can they be expected to devote resources to the smart meter rollout? Who would want to run an energy supplier right now? The market has never been more volatile, while numerous other factors (not just the Coronavirus pandemic) are causing stress within their operations. What’s more, when the market is volatile like this, it’s terrible for consumers too. So what are the factors
The Government recently created a new framework around the smart meter rollout. Will it be the start of a change in fortunes for the rollout? Let’s find out more. By anyone’s definition, the UK’s smart meter rollout has been a bit of a disaster. There have been significant budget increases, technical problems, deadline extensions and a global pandemic. However, the Government is still persevering with the rollout – and it recently created a new framework
The Coronavirus pandemic is drastically affecting every area of the UK economy. But what about the Government’s smart meter rollout? Let’s find out. At the time of writing, England is in the middle of its so-called second lockdown, while the other UK nations are enforcing their own restrictions. Entire sectors of the economy are struggling and most businesses are having to adapt to survive. One of the matters that doesn’t get much attention is that
As if the UK’s smart meter rollout hasn’t suffered from enough setbacks, another one could be on its way when it leaves the European Customs Union. Let’s find out more? The UK Government’s mission to install a smart energy meter in every home in the UK by the end of 2024 has not been a smooth process. If all had gone to plan, we’d be nearing the end of the rollout now – the original
Reducing your business’ carbon emissions isn’t just the right thing to do for the planet, it can boost your bottom line as well. The UK Government wants the country to get to net zero carbon emission by 2050, It is the most ambitious target for carbon-free status in the developed world, and it is expected that businesses will see big changes in regulations to help achieve it. However, companies can take the lead by cutting their
The Government has pledged to end coal-fired power generation in the UK by 2024. But, as recent events have shown, it might not be easy.  The UK has been so effective at removing coal from its energy generation mix that earlier this year, the Prime Minister brought forward the target to completely phase it out from 2025 to 2024. However, when you look more closely at the figures, as well as recent events and deviations
The energy industry’s regulator has an ambitious plan to make the sector more environmentally friendly. But at what cost? Is there a more straightforward way? The Office of Gas and Electricity Markets, or OFGEM, is the independent regulator of the electricity and gas supply industry. It is funded mainly by consumers and is accountable to Parliament. Part of its remit as a watchdog is to rein in energy suppliers and stop them from taking advantage
The UK Government has set ambitious targets to reduce carbon emissions. Electric vehicle take-up is crucial to achieving them. But can the infrastructure handle it? The UK pledges to bring carbon emissions to net zero by 2050. This means that any greenhouse emissions are offset by initiatives such as planting trees. This is a massive undertaking, and the UK’s targets are more ambitious than those of any other developed nation. To help achieve this, the
In the past two years, we’ve lost many smaller energy suppliers that once showed so much promise. Why is this happening and what does this mean for the industry and the consumer? Solarplicity, Brilliant Energy, Our Power, Eversmart, Economy Energy. Just five of the smaller energy suppliers that ceased trading in 2019, added to another eight that we lost in 2018. Anyone who follows the UK energy industry must be concerned. The idea that smaller,
Could large scale microgeneration be the direction the energy distribution is heading in? There are many who think so, but not without a major change of emphasis on the part of the industry.  The way the UK produces and distributes energy has been built up over more than a century and worked using the same basic model for many decades. However, things are changing; microgeneration is democratising power production and delivery. If the UK can
Having finally admitted the previous 2020 deadline was impossible, the government has pushed back the smart meter rollout target. But is this a good move or simply postponing the inevitable? Let’s find out. At Meter Corp, we’ve been keeping a very close eye on the UK government’s plans to swap everyone in the country’s energy meters for new smart meters. We’ve talked about how the smart meter rollout is not as eco-friendly as you may
Two recent deals in the UK energy sector have the potential to shake the industry to its foundations. Is it right for the consumer? The UK power industry is changing shape. It’s all down to two deals happening right now. E.on is buying npower and merging the two businesses OVO Energy is buying SSE’s home energy business in a deal worth around £500 million Will this have an impact on the industry? What will it
They have been called ‘The future of energy in Britain’, yet energy providers have been slow to harness the power of Virtual Power Plants (VPPs). In today’s connected world, Virtual Power Plants (VPPs) are the logical conclusion when it comes to energy production and supply. They bring benefits to consumers, energy companies, as well as our planet. However, while some energy firms are dipping their toes in the water of VPPs, critical mass seems a
One of the aims of putting a smart meter in every home and business in the UK by 2020 was to save energy. The plan is that if everyone can see how much energy they are using, they will make an effort to reduce their consumption. If the country uses less energy, fewer fossil fuels will be burned and carbon emissions will decrease. It’s a noble idea, but an unworkable one, for several reasons. Replacing
It’s no surprise that everyone in the energy industry is talking about renewables. What was the future of energy is now the present, with renewable energy making up 33% of total UK energy production. This proportion will only grow as the Government, and governments across the world, set ambitious targets to end their reliance on fossil fuels and use more eco-friendly energy. For these reasons, investing in the renewable energy industry should be an attractive
Everyone in the energy industry is talking about net zero. Governments and businesses are competing with each other to see who can set the most ambitious net zero targets. The UK has recently made a commitment to achieve net zero by 2050, the first country in the world to make a guarantee of this type. So, let’s find out more about net zero. What does it actually mean? Why is everyone talking about it? Finally,
Supermarkets and other businesses are beginning to spot the benefits of installing electric vehicle charging stations for their customers.   As more and more people choose to drive electric vehicles (EVs), more and more businesses are seeing an opportunity. These savvy businesses are installing vehicle charging stations in their car parks and making them available to customers, often for free. At the end of last year, Tesco announced plans to install almost 2,500 charging bays
Can the Government’s ambitious plans to replace the UK’s gas and electricity meters get back on track, or will it remain an impossible dream? It was supposed to be so easy. In 2009, the UK Government announced plans to replace every gas and electricity meter in every home with a shiny new ‘smart meter’ by 2020. One year away from the deadline and these plans are looking unlikely to say the least. The smart meter
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