Stockley Park, U.K. --- (METERING.COM) --- February 28, 2012 - British Gas is to hold off on full smart meter rollout until the plans have been confirmed by the government for the national smart meter implementation program and by the regulator for retail market reform.

This was stated last week in parent company Centrica’s operating review, which forms part of the company’s results for 2011. The company also said that it has continued to lead the industry in the rollout of smart meters, having insourced its metering operations and installed over 400,000 smart meters for homes and businesses to date.

However no indication was given of the smart meter rollout plans for the coming year. Previously British Gas had indicated that its target was to have 2 million smart meters installed by the end of 2012. Landis+Gyr has been awarded a contract for 1 million dual fuel gas and electric smart meters. Elster has also been qualified as a supplier for the deployment.

Mass rollout of smart meters in the U.K. is envisaged to start in Q2 of 2014. Key targets for the coming few months include the first tranche of regulatory obligations on suppliers coming into force and the licensing and appointment of service providers for the central data and communications company (DCC). To this end earlier this month the Department of Energy and Climate Change (DECC) issued a consultation on the proposed regulatory framework for the establishment of the DCC.