SMS will provide smart gas and electricity meters to 386,000 metering points collectively owned by RHE, Green Energy, Flow Energy, Spark Energy and Our Power in Britain, according to news source Business Green.
Alan Foy, chief executive officer at SMS, said: “These new independent suppliers are part of the fastest-growing segment of the retail energy supply.”
The development comes as SMS is one of four businesses currently offering Meter Asset Manager (MAM) services, which energy suppliers will be required by regulation to appoint to carry out the installations.
MAM is a flexible software solution for managing customer portfolios.
UK smart metering
SMS has played a role in the implementation of UK smart metering services and continues to expand its presence towards initiatives to help UK reach its target install 22 million domestic gas meters and 27 million electricity meters over the next five years.
In Q1 2015, SMS secured a deal with London-based Total Gas & Power (TGP) to install 5,000 electricity meters and manage meter data in the period up to April 2016.
The deal marked a continued partnership between Smart Metering Systems and TGP, reports Scottish newspaper Daily Record.
Karole Downton of TGP said: “Total Gas & Power enjoys a strong relationship with SMS’s Gas Divison and the extension of the relationship to SMS’s Electricity Division was the logical next step.”
Alan Foy, chief executive of SMS, stated: “This new agreement with TGP is further demonstration of the success of our electricity division and the positive impact of expanding our service offering across the gas and electricity sectors to provide a fully integrated service in these markets for our customers.”
As installation of the smart meters increases, M2M company NetCracker recently announced a tie-up with digital communications provider O2 to deploy its revenue management solution for AMI.
According to a statement, the partnership means O2 will use NetCrackers’ revenue management solution through a hosted managed services model to provide rating, billing and mediation capabilities for the UK’s smart metering programme across 53 million devices.