New I&C smart meter contract win - SSE Energy Supply Limited
Smart Metering Systems plc (AIM: SMS.L) ("SMS"), the integrated metering services company that connects (installs), owns, operates and maintains UK metering assets, is pleased to announce that it has signed an agreement with SSE Energy Supply Limited ("SSE") pursuant to which SSE has appointed SMS as the preferred national supplier to provide services as an integrated smart meter installer and Meter Asset Provider to its small business customers.
The agreement provides SMS with the opportunity to supply and install up to 200,000 SMETS2 non-domestic meters (which are equivalent in specification to domestic smart meters).
This forms part of the UK Government programme, overseen by Ofgem and the Department of Business, Energy and Industrial Strategy (BEIS), requiring energy supply companies to provide all of their domestic and small business customers across the UK with a smart meter by 2020.
SMETS 2 meters are the next generation of smart meters and will deliver a wide range of improvements, including: interoperability - these devices enable seamless switching between energy suppliers by connecting with the Data Communications Company (DCC); maintain and extend the highest standard of security for householder data and will facilitate the connection of all types of home renewable and microgeneration technology onto the grid, supporting a cleaner, greener UK.
"We are delighted to have built on our longstanding relationship with SSE to sign this new agreement in our well established commercial sector. We look forward to helping SSE bring the benefits of smart metering technology to SSE's small business customer base"Chief Executive Officer
For further information:
Smart Metering Systems plc
Alan Foy, Chief Executive Officer
David Thompson, Chief Financial Officer
Craig McGinn, Company Secretary
Dilip Kejriwal, Head of Investor Relations
0141 249 3850
Cenkos Securities plc
0131 220 6939 / 0207 397 8900
020 7074 1800