The firm will therefore help the utility to install residential smart meters in Northern Scotland, Wales and North West England under the £37 million ($49,1 million) deal.
According to a local publication, the Essex based company will deploy 450,000 smart meters within the utility’s service territories through to 2021.
To meet the smart meter rollout stipulations set by the contract, LakeHouse said it will direct a £1.5 million ($1,9 million) share of the deal’s total costs to increase its workforce.
[quote] The firm plans to use the money to train more than 100 dual fuel engineers. [New UK Prime Minister abolishes climate change department].
Smart meter rollout in the UK
Earlier on in late April, UK smart meter manufacturer EDMI announced that it was selected to provide a large British energy supplier with 500,000 advanced metering units.
The supply of the smart meters is part of the energy supplier’s residential smart metering rollout, said a company release.
The release added that the agreement with the energy supplier marks the first SMETS2 meter award for EDMI, building on the contract award to supply SMETS2 communication hubs to the north of Great Britain on behalf of Arqiva.
The smart meter deal includes both smart electricity meters and smart gas meters. [European utilities combine smart meters order].
Commenting on the deal, Alan Masterman, general manager of EDMI in Europe, said: “The selection of EDMI underlines our ability to provide reliable metering products alongside offering our extensive market expertise.
“EDMI will be a strategically important partner for this major energy supplier as enduring rollout commences and we are proud to be leading the way with them in the smart meter rollout in Great Britain.”
Masterman added: “As a business with over 25 years’ experience in smart metering, we fully understand the requirements of providing technologically advanced solutions, ensuring that end consumers realise the full benefits of smart meters.”