We work with leading partners in the UK to enable Energy Retailers’ Smart obligations…
Our experience…
FML has displayed remarkable growth since the Company’s inception in 2009 and welcomes the market opportunity available as we look ahead to the future.
The Smart Meter Market – the next generation of gas and electricity meters
The UK Government is unrelenting in its pursuit of the benefits estimated from the deployment of 53 million Smart Meters to 30 million premises by 2020, in line with the Energy Act of 2008. In turn, energy retailers are all too aware of the challenges and costs the Government’s ambition brings.
With nine years of proven operation in the smart metering market, over 225,000 meters under long term rental agreements and contracts with over 80 UK energy retailers, Foresight Metering Limited is extremely well placed in this market to help energy retailers address their commitments.
The benefits of smart meters include:
FML operates principally, but not exclusively, within the independent challenger sector, which has grown substantially over the last 5 years from market share of below 5% to over 20% today. This is expected to continue over the next 5 years with some market consolidation.
Our services are listed here.
We already work with 90+ Energy Suppliers have 320,000 advanced and SMETS 1 Under Management &