Smart metering ...Smart people ...Smart approach.

With over 15 years experience operating at the heart of the gas industry, Smart Metering Systems provides the UK’s leading gas suppliers and large corporate customers with a comprehensive package of solutions encompassing all aspects of the gas connections and smart metering markets through its subsidiary companies:
•UK Gas Connection
•UK Meter Assets
•UK Data Management

Smart Metering Systems services include:
•Installation, disconnection or relocation of gas infrastructure
•Installation of domestic, commercial or industrial gas metering equipment
•Third party meter asset management utilising "Rainbow" compliant systems and either the IX or DTN exchanges
•Prepayment meter solutions
•Purchase of existing meter portfolios
•Smart Metering solutions
•Comprehensive gas use analysis through a dedicated web interface

With a company ethos based on offering its clients the highest standards of customer care and a track record of investing in both technology and talented people, Smart Metering Systems works hard to maintain a reputation for delivering the high quality of service that its client’s demand.

http://www.sms-plc.com/Company/About-Us

Interim results

New Smart Meter Contract Win - Octopus Energy
RNS
RNS Number : 3200N
Smart Metering Systems PLC
17 January 2019




This announcement contains inside information

Smart Metering Systems plc

("SMS" or "the Company")

New Domestic smart meter contract win - Octopus Energy 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 a meter rental agreement with Octopus Energy Limited ("Octopus Energy") to supply a minimum of 200,000 new SMETS2 meters.

This forms part of the UK Government programme, overseen by the Department of Business, Energy and Industrial Strategy (BEIS), 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.

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.

Alan Foy, Chief Executive Officer, commented:
"We are delighted to be working with Octopus Energy, a supplier of 100% green electricity. Octopus Energy is backed by the Octopus Group, which is a large investor in renewable generation internationally and the United Kingdom's largest investor in solar power. SMS, like Octopus Energy, are committed to leading the smart energy revolution and SMS looks forward to bringing the benefits of smart meters to Octopus Energy's customers".

Stuart Jackson, Chief Financial Officer of Octopus Energy, said:
"The size of this partnership is a result of Octopus Energy's tremendous growth and ambition. Our success is driven by our unique technology and commitment to customer service, as demonstrated by Octopus being the only energy supplier recommended by Which?