To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 8 March 2017 to Question 66594, on energy: meters, how much has been spent on installing SMETS2 meters; and what is the target for the number of such installations.
The Government is committed to ensuring that all households and small business sites are offered smart meters by the end of 2020, involving the installation of around 53 million meters in approximately 30 million premises. As of September 2016, 4.36 million smart meters had been installed in homes and businesses in Britain.
Energy suppliers are responsible for planning and delivering the roll-out of smart meters, working within the legal framework established by the Government. As a result, the Government does not hold data on expenditure on smart meter installations to date. However, projected costs and benefits for the Smart Metering Programme can be found in our 2016 Cost Benefit Analysis, which is at https://www.gov.uk/government/publications/smart-meter-roll-out-gb-cost-benefit-analysis. This includes estimates of the costs and benefits incurred until this point.