Smart meter IT costs set to escalate as rollout ramps up
The IT cost of the UK’s smart meter roll-out is set to skyrocket as suppliers buy in IT consultants and recruit and train installers, a National Audit Office report has warned.
As suppliers are likely to be competing against each other for scarce resources, prices and wage rates could escalate, the NAO's Update on preparations for smart metering report said.
The programme is due to complete in 2020, but costs are expected to rise during the programme's final year.
Residential gas and electricity meters will need to communicate over a radio network with a home hub, which will gather data and send the meter readings to a data facility operated by the Data and Communications Company (DCC), which will act as a data hub for smart meter data.