We're big supporters of the Government's target to get a smart meter in every home by 2025.
This will help people manage how and when they use energy - saving money, carbon and the planet. We've been powering ahead with the smart meter rollout and installed 543,262 qualifying meters in 2023.
As we welcomed Bulb and Shell customers to Octopus, we also include their target numbers below. The specific targets for 2024 (set by Government) are:
Overall target: 527,732
Electric: 247,860
Gas: 279,872
Of these installs, the meter type targets for 2024 are:
Credit: 522,232 (of which 245,360 are electric, and 276,872 gas)
Prepay: 5,500 (of which 2,500 are electric, and 3,000 gas)
Overall target: 261,872
Electric: 138,948
Gas: 122,924
Of these installs, the meter type targets for 2024 are:
Credit: 238,304 (of which 126,443 are electric, and 111,861 gas)
Prepay: 23,568 (of which 12,505 are electric, and 11,063 gas)
Overall target: 150,637
Electric: 61,604
Gas: 89,033
Of these installs, the meter type targets for 2024 are:
Credit: 147,321 (of which 60,248 are electric, and 87,073 gas)
Prepay: 3,316 (of which 1,356 are electric, and 1,960 gas)
2023 performance is summarised below.