Energy and Climate Change
John Spellar (Warley, Labour)
To ask the Secretary of State for Energy and Climate Change what his Department's estimate is of the likely cost of the smart meter programme; how many meters will be installed; and where such meters will be manufactured.
Charles Hendry (The Minister of State, Department of Energy and Climate Change; Wealden, Conservative)
The roll-out of smart metering is projected to cost £11.5 billion, and deliver benefits of £18.6 billion. It will involve the installation of some 53 million smart electricity and gas meters in approximately 30 million premises.
The roll-out of smart meters will be carried out by the energy suppliers and each supplier is responsible for sourcing meters for their customers; a range of smart meter manufacturers are available to energy suppliers both within the UK and globally.