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Energy: Meters

Energy and Climate Change written question – answered on 12th December 2011.

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Photo of Zac Goldsmith Zac Goldsmith Conservative, Richmond Park

To ask the Secretary of State for Energy and Climate Change what plans he has to encourage the uptake of smart meter time-of-use tariffs.

Photo of Gregory Barker Gregory Barker The Minister of State, Department of Energy and Climate Change

The Government’s smart meter technical specifications will mandate energy suppliers to install meters with the functionality to support a range of time-of-use tariffs.

Planned changes to the settlement system together with half-hourly data from smart meter readings will enable energy suppliers to benefit to a greater extent from lower wholesale market prices during periods of off-peak demand. We expect suppliers to incentivise customers to shift energy demand to off-peak periods through developing and promoting attractive time-of-use tariffs.

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