Smart Metering Systems plc (AIM: SMS.L) ("SMS"), the integrated metering services company that connects, owns, operates and maintains current generation and new advanced metering assets and databases, is pleased to announce that it has signed an agreement with First Utility to supplement its existing contractual arrangements announced in June 2016.
The increased commitment is to provide in excess of 220,000 new meters during 2018 and starts immediately.
SMS will provide domestic smart meters as part of the UK Government programme, overseen by the Department of Business Energy and Industrial Strategy, requiring domestic energy supply companies to provide all of their customers with a smart meter in homes and small businesses across the UK by 2020.
"Our extended commitment from First Utility is evidence of our strong track record for customer service delivery, asset ownership and management with a major energy supplier's smart meter roll out programme. The arrangements to add these assets into the growing portfolio of SMS owned meter assets shows our strategy continues to deliver for our customers, our shareholders and our employees".Chief Executive Officer
For further Information:
Smart Metering Systems plc
Alan Foy, Chief Executive Officer
David Thompson, Chief Financial Officer
Craig McGinn, Company Secretary
0141 249 3850
Cenkos Securities plc
0131 220 6939 / 0207 397 8900
020 7074 1800