Overview of the Act
- The Act deals with three matters related to smart meters and smart metering data. This Act makes provision for:
- The extension of existing powers the Secretary of State has to develop, amend and oversee regulations relating to smart metering.
- The introduction of a special administration regime for the national smart meter communication and data service provider to ensure the service continues to be provided in the unlikely event of its insolvency.
- New powers allowing Ofgem to directly modify industry codes and documents for the purposes of delivering market-wide half-hourly settlement (see paragraph 12) which uses smart metering data.