G4S awarded £150 million meter reading contract by British Gas
G4S Utility Services (G4S) has been awarded a seven year contract worth at least £150 million, to manage British Gas's meters.
- Leader: Changes at the top for network operators
- Anglian Water farming trial sees 60 per cent drop in pesticide levels
- House of Lords urged to mitigate flood risk in Housing Bill
- Public Water Forum blames Irish Water issue on ‘lack of clarity’
- The customer is the priority when it comes to the smart meter rollout
The deal will see G4S read all the conventional meters from April 2013, as well as providing data management services for both fuel types.
Kim Challis, chief executive officer, government and outsourcing solutions at G4S, said: "G4S and British Gas have enjoyed a successful relationship for over 16 years and we are delighted to be working with them on this major contract."
The contract, which was previously split between G4S and Siemens Metering Services, will see almost 700 meter operatives transfer across to G4S, with the first wave of transfers beginning in April. All employees are expected to have completed the transfer to G4S by July 2013.
The company expects to take approximately 40 million meter readings from British Gas customers every year from the start of the contract.
- Roundtable: Competitor challenges in the water market, London, 19 April 2016 Players have begun to position themselves for the opening of the non-household water retail market in April 2017, but the...
- Ofgem considers ‘further action’ on prepayment tariffs Ofgem has expressed concern over a lack of competitive deals for prepayment customers, and said it is considering whether...
- Businesses don’t value smart meters, says report New figures have shown that just 6 per cent of businesses believe promoting the use of smart meters should be a priority for...