HeatingSave Logo

1bn pounds roll-out planned for UK smart meters

An estimated seven million smart meters will be installed in homes across the UK under a new £1 billion roll-out programme, a recent news report has been able to reveal.

The scheme is backed by six commercial banks including Barclays, HSBC and Santander. The European Investment Bank (EIB) will provide £360 million. It aims to support the UK Government’s plans to ensure more than 53 million smart electricity and gas meters are installed in every small homes and businesses by 2020. The mass roll-out will begin in 2016.

European Commission Vice President JyrkiKatainen, said: “Smart meters improve customer awareness of how much they are spending on their energy bills so they can make informed decisions on their energy use.”

“This programme provides a benchmark for similar smart meter schemes across Europe in the future,” added Jonathan Taylor, EIB Vice President.

HeatingSave – save energy and money with full monitoring options

Building Energy Management Systems are capable of delivering extensive monitoring and control options, compared to basic controls. They typically employ data from a variety of sources (boiler flow and return sensors, internal and external temperature sensors, occupancy sensors, humidity sensors, etc.), and enable the perfect optimization of a building’s boiler-based central heating system. They also fully support heat meters and use the data to run the heating system as economically as possible.

If you’d like to find out more about the savings enabled by the HeatingSave Building Energy Management System, just contact our dedicated product team, they’ll be more than happy to answer all of your questions and queries.

Cant find what you're looking for?

Enter a search term below (e.g. "Thermostatic Radiator Valves") and we'll find all of our relevant content for you.

A Tensor plc company
HeatingSave Accreditations