Source · Select Committees · Public Accounts Committee
Recommendation 22
22
Smart Meter Programme lacks up-to-date cost-benefit analysis despite being active for over a decade.
Conclusion
The government first announced its intention to mandate suppliers to install smart meters in 2008, and energy suppliers have been rolling out smart meters since 2012.70 The Programme has therefore been active for more than a decade, and although the Department has produced seven cost-benefit analyses, it has not done so since 2019.71 The Programme is in the Government Major Projects Portfolio of the largest and highest- profile programmes across government.72
Government Response
A response document is linked to this report, dated 14 February 2024. Response attribution to this conclusion has not been verified. Read the response document ↗