
Technology company Logica has been awarded a £2.4million contract to roll-out more than 26,000 residential smart meters across the UK.
The five-year deal to deliver communication, data and pre-payment services was provided by OnStream, a National Grid company and Britain’s largest investor-owned utility business.
Both companies will work together to deliver a number of smart metering projects to OnStream’s customers, including smaller new-entrant suppliers to the market. OnStream will procure, install and maintain the smart meters, and Logica will deliver the communications, data and pre-payment services.
Logica supports, through its Instant Energy service, over 75 percent of smart meters installed in people’s homes in Britain. Currently Logica is supporting the installation of 15,000 new smart meters per month. The agreement with OnStream further increases this figure, strengthening Logica’s position in the British smart metering market.
Craig Boundy, UK CEO, Logica, explained: “Not only are Smart Meters essential to empower consumers to change their relationship with energy, they are integral to the creation of smart grids and enabling Britain to become a low carbon economy.
“This contract with OnStream allows energy suppliers, including new entrants, to compete for consumers’ business based on the capability of smart meters. This win consolidates our position at the heart of Britain’s smart energy market.”
OnStream provides an end-to-end dual fuel residential metering service to suppliers across Great Britain supporting more than 4 million traditional meters and 20,000 smart meters, with a plan to install more than 100,000 smart meters over the next 12 months.
OnStream is rapidly expanding in the smart metering market and anticipates being the largest installer of smart meters in 2010.
Stephen Hughes, New Business Manager, OnStream added “OnStream’s ambition is to be at the forefront of the smart metering rollout. The relationship with Logica supports our end-to-end smart metering solution and will ensure we are best placed to support energy suppliers with the rollout of smart meters.”
Post a comment