The following cost estimates are taken from the Smart Metering Impact Assessment from January 2014.<\/p>
<\/p>
Item<\/p><\/td> | Meter type<\/p><\/td> | Estimated Installation costs<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||||||||
(a)<\/p><\/td> | Electricity smart (in domestic or non-domestic premises)<\/p><\/td> | £29<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||||||||
(b)<\/p><\/td> | Gas smart (in domestic or non-domestic premises)<\/p><\/td> | £49<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||||||||
(c)<\/p><\/td> | Electricity advanced (in non-domestic premises)<\/p><\/td> | £136<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||||||||
(d)<\/p><\/td> | Gas advanced (in non-domestic premises)<\/p><\/td> | £136<\/p><\/td><\/tr><\/tbody><\/table> We do not have separate cost estimates for smart-type meters (i.e. non SMETS-compliant meters installed in domestic premises) since they fall outside of the roll-out obligation.<\/p> <\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/188", "label" : {"_value" : "Biography information for Ed Davey"} } , "answeringMemberConstituency" : {"_value" : "Kingston and Surbiton"} , "answeringMemberPrinted" : {"_value" : "Mr Edward Davey"} , "dateOfAnswer" : {"_value" : "2014-07-22", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/77580/answer/previousversion/11085", "answeringMember" : {"_about" : "http://data.parliament.uk/members/188", "label" : {"_value" : "Biography information for Ed Davey"} } , "answeringMemberConstituency" : {"_value" : "Kingston and Surbiton"} , "answeringMemberPrinted" : {"_value" : "Mr Edward Davey"} } , "questionFirstAnswered" : [{"_value" : "2014-07-22T15:51:57.3368541Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "63"} , "answeringDeptShortName" : {"_value" : "Energy and Climate Change"} , "answeringDeptSortName" : {"_value" : "Energy and Climate Change"} , "date" : {"_value" : "2014-07-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Meters"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the average cost of installing (a) an electricity smart meter, (b) a gas smart meter, (c) an electricity advanced meter, (d) a gas advanced meter, (e) electricity smart-type meters and (f) gas smart-type meters in (i) domestic properties and (ii) small non-domestic properties.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4047", "label" : {"_value" : "Biography information for Tom Greatrex"} } , "tablingMemberConstituency" : {"_value" : "Rutherglen and Hamilton West"} , "tablingMemberPrinted" : [{"_value" : "Tom Greatrex"} ], "uin" : "205585"} , {"_about" : "http://data.parliament.uk/resources/77581", "AnsweringBody" : [{"_value" : "Department for Energy and Climate Change"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/77581/answer", "answerText" : {"_value" : " Energy suppliers are required as part of their licence conditions to take all reasonable steps to install smart meters in domestic and smaller non-domestic premises by the end of 2020. Ofgem is responsible for ensuring compliance with this obligation and monitor suppliers to ensure that they abide by their licence conditions. If suppliers are found in breach of these conditions, Ofgem can issue an enforcement order to ensure suppliers comply with their licence conditions, and impose financial penalties of up to 10 per cent of the licensee\u2019s turnover.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/188", "label" : {"_value" : "Biography information for Ed Davey"} } , "answeringMemberConstituency" : {"_value" : "Kingston and Surbiton"} , "answeringMemberPrinted" : {"_value" : "Mr Edward Davey"} , "dateOfAnswer" : {"_value" : "2014-07-21", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/77581/answer/previousversion/11084", "answeringMember" : {"_about" : "http://data.parliament.uk/members/188", "label" : {"_value" : "Biography information for Ed Davey"} } , "answeringMemberConstituency" : {"_value" : "Kingston and Surbiton"} , "answeringMemberPrinted" : {"_value" : "Mr Edward Davey"} } , "questionFirstAnswered" : [{"_value" : "2014-07-21T13:23:03.1528148Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "63"} , "answeringDeptShortName" : {"_value" : "Energy and Climate Change"} , "answeringDeptSortName" : {"_value" : "Energy and Climate Change"} , "date" : {"_value" : "2014-07-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Meters"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Energy and Climate Change, what sanctions suppliers will face if their smart prepayment meters are not ready by the deadline.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4119", "label" : {"_value" : "Biography information for Jonathan Reynolds"} } , "tablingMemberConstituency" : {"_value" : "Stalybridge and Hyde"} , "tablingMemberPrinted" : [{"_value" : "Jonathan Reynolds"} ], "uin" : "205578"} , {"_about" : "http://data.parliament.uk/resources/77582", "AnsweringBody" : [{"_value" : "Department for Energy and Climate Change"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/77582/answer", "answerText" : {"_value" : " Smart meters will operate on a secure machine-to-machine system that only authorised parties, such as energy suppliers and network companies, can access. A robust smart metering security architecture has been established to prevent unauthorised access. This was developed in consultation with leading experts from within industry and Government and is underpinned by appropriate regulatory and technical security requirements.<\/p> <\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/188", "label" : {"_value" : "Biography information for Ed Davey"} } , "answeringMemberConstituency" : {"_value" : "Kingston and Surbiton"} , "answeringMemberPrinted" : {"_value" : "Mr Edward Davey"} , "dateOfAnswer" : {"_value" : "2014-07-21", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/77582/answer/previousversion/11091", "answeringMember" : {"_about" : "http://data.parliament.uk/members/188", "label" : {"_value" : "Biography information for Ed Davey"} } , "answeringMemberConstituency" : {"_value" : "Kingston and Surbiton"} , "answeringMemberPrinted" : {"_value" : "Mr Edward Davey"} } , "questionFirstAnswered" : [{"_value" : "2014-07-21T13:27:47.5532941Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "63"} , "answeringDeptShortName" : {"_value" : "Energy and Climate Change"} , "answeringDeptSortName" : {"_value" : "Energy and Climate Change"} , "date" : {"_value" : "2014-07-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Meters"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Energy and Climate Change, whether smart meters will be connected to the internet; and what steps have been taken to ensure that they cannot be hacked into.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1545", "label" : {"_value" : "Biography information for David T C Davies"} } , "tablingMemberConstituency" : {"_value" : "Monmouth"} , "tablingMemberPrinted" : [{"_value" : "David T. C. Davies"} ], "uin" : "205611"} , {"_about" : "http://data.parliament.uk/resources/77583", "AnsweringBody" : [{"_value" : "Department for Energy and Climate Change"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/77583/answer", "answerText" : {"_value" : " The recent Strategic Environmental Assessment for further onshore oil and gas licencing, carried out by AMEC on behalf of the Department of Energy and Climate Change, estimated that between 10,000 and 25,000 cubic metres of water would be required for hydraulic fracturing of each well and it is predicted that each well might be re-fractured once during its lifetime.<\/p> In this context, Water UK, which represents the water industry, and UK Onshore Operators Group have signed a Memorandum of Understanding (MoU) which ensures their respective members will cooperate throughout the shale gas exploration and extraction process in order to minimise adverse effects on water resources and the environment.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/188", "label" : {"_value" : "Biography information for Ed Davey"} } , "answeringMemberConstituency" : {"_value" : "Kingston and Surbiton"} , "answeringMemberPrinted" : {"_value" : "Mr Edward Davey"} , "dateOfAnswer" : {"_value" : "2014-07-21", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/77583/answer/previousversion/11090", "answeringMember" : {"_about" : "http://data.parliament.uk/members/188", "label" : {"_value" : "Biography information for Ed Davey"} } , "answeringMemberConstituency" : {"_value" : "Kingston and Surbiton"} , "answeringMemberPrinted" : {"_value" : "Mr Edward Davey"} } , "questionFirstAnswered" : [{"_value" : "2014-07-21T13:22:19.1262402Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "63"} , "answeringDeptShortName" : {"_value" : "Energy and Climate Change"} , "answeringDeptSortName" : {"_value" : "Energy and Climate Change"} , "date" : {"_value" : "2014-07-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Fracking"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the volume of water required in shale gas extraction for (a) a single hydraulic fracture and (b) over the course of a well's lifetime.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4047", "label" : {"_value" : "Biography information for Tom Greatrex"} } , "tablingMemberConstituency" : {"_value" : "Rutherglen and Hamilton West"} , "tablingMemberPrinted" : [{"_value" : "Tom Greatrex"} ], "uin" : "205583"} , {"_about" : "http://data.parliament.uk/resources/77584", "AnsweringBody" : [{"_value" : "Department for Energy and Climate Change"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/77584/answer", "answerText" : {"_value" : " The Government\u2019s Smart Metering Impact Assessment estimates a net present value benefit of £6.2bn based on present value costs of £10.9bn and present value benefits of £17.1bn for an appraisal period up to 2030.<\/p> <\/p> The modelling underlying the cost benefit analysis for smart metering considers the impact on the average household.<\/p> <\/p> Our modelling approach does not allow us to estimate the proportion of properties where the costs of installation could exceed the benefits.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3983", "label" : {"_value" : "Biography information for Amber Rudd"} } , "answeringMemberConstituency" : {"_value" : "Hastings and Rye"} , "answeringMemberPrinted" : {"_value" : "Amber Rudd"} , "dateOfAnswer" : {"_value" : "2014-07-22", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2014-07-22T11:48:35.4623314Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "63"} , "answeringDeptShortName" : {"_value" : "Energy and Climate Change"} , "answeringDeptSortName" : {"_value" : "Energy and Climate Change"} , "date" : {"_value" : "2014-07-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Meters"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the proportion of properties in which the costs of installing a smart meter will outweigh the benefits.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4119", "label" : {"_value" : "Biography information for Jonathan Reynolds"} } , "tablingMemberConstituency" : {"_value" : "Stalybridge and Hyde"} , "tablingMemberPrinted" : [{"_value" : "Jonathan Reynolds"} ], "uin" : "205668"} , {"_about" : "http://data.parliament.uk/resources/77585", "AnsweringBody" : [{"_value" : "Department for Energy and Climate Change"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/77585/answer", "answerText" : {"_value" : " The evidence is set out in the consultation impact assessment and draws on various sources, including: data from Ofgem on the amount of solar PV capacity already accredited under the RO or which has applied for accreditation; the Renewable Energy Planning Database, which contains substantial information on the solar PV development pipeline; and various industry sources suggesting that there is significant potential for further expansion in the sector before the scheduled closure of the RO in April 2017. The consultation is helping to refine the evidence and we will update our estimates of potential deployment and budget impacts in the final impact assessment.<\/p> A copy of the consultation document and consultation Impact Assessment are available on DECC\u2019s web page:<\/p>
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