Under the partnership, Spark Energy will implement a smart meter rollout project that will install 1,200 electric meters in residential properties managed by Orchard and Shipman in Selkirk, south-east Scotland.
The rollout of the smart meters will be energy supplier’s first.
Glasgow based Smart Metering Systems (SMS) will install the smart meters due to its Meter Asset Manager (MAM) services offering required by UK regulation for installation of smart meters, according to heraldscotland.com.
Commenting on the development, Ian Crowther, Spark Energy’s commercial director said it was “an important milestone for the company because the rollout of smart meters would bring many benefits for both the landlord and tenants”.
Spark Energy said it expects the smart meter rollout will increase bill accuracy in the utility’s service area mainly occupied by vulnerable individuals including refugees.
Crowther added: “The technology is a massive asset to housing providers, helping them to manage stock efficiently while saving hundreds of man-hours.”
Lee Richards, operations director for Orchard & Shipman Group, said: “Following the successful Glasgow programme, we look forward to being able to introduce Spark across the remainder of our property portfolio throughout the UK.”
[quote]The development follows January’s agreement between SparkEnergy and Macquarie Bank for the supply of its gas and electricity in a deal expected will shield utility’s customers from wholesale price fluctuations.
UK smart meter rollout
Due to regulatory stipulations regarding MAM service offering for installation of smart meters, service providers offering the service continue to lead UK’s smart meters installation landscape.
In late January, SMS announced it won five deals with energy providers to supply smart meters to residential and small business consumers.
SMS said it 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.
MAM is a flexible software solution for managing customer portfolios.