8/14/2013 11:41:38 AM
O2 bags two regions in £1.5bn smart metering contract
O2 has secured two regions in the government’s UK Smart Meter Implementation Programme, in a £1.5bn contract.
Subject to contracts being agreed, O2 has been selected as central and southern England’s communications service provider. The 15 year deal is worth £1.5bn, with the nationwide project installing 53 million gas and electricity meters by 2020 to ‘help consumers to better understand and control their energy usage’.
David Plumb, digital & new business director at O2, said: ‘Telefónica is extremely proud to have been selected by the Department of Energy and Climate Change (DECC) as a preferred bidder for the UK Smart Meter Implementation Programme. It’s a huge endorsement of cellular as the right communications technology and of our vision for smart meters to be the foundation of a smarter energy future for the UK. The decision is subject to contracts and we are working with the DECC on next steps and will be making a further announcement in due course.’
Telefónica said further information would be announced once ‘contracts are in place’, which is expected to be in early September.
Author: Matthew Campelli