ESB Networks has announced that it has installed 1.5 million smart meters in properties across Ireland.

This milestone also includes the safe connection of over 100,000 new builds with a smart meter to the electricity network. A smart meter reduces the need for estimated bills and shows customers how and when they use electricity through the ESB Networks Online Account. Customers will be able to use electricity more efficiently, reduce consumption or choose a more suitable smart meter tariff from their supplier.

The National Smart Metering Programme (NSMP)is on track to complete the installation of over two million meters in early 2025. The rollout recently expanded to include the upgrade of Day/Night meters thereby ensuring these customers will also have access to the benefits of smart meters.

Other benefits include access to the microgeneration scheme, in which currently over 55,000 customers who generate their own electricity (via solar panels etc.) receive payments for any excess electricity they sell onto the network. Smart meters will monitor faults and prioritise system improvements which will improve network services to customers in areas across the country.

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Eamon Ryan TD, Minister for the Environment, Climate and Communications, said: "It is extremely positive that we have reached the 1.5 million milestone in the National Smart Metering Programme. This is an initiative that is delivering real benefits for homes in every part of the country. As soon as a smart meter is installed, it provides individuals with real-time information and more control over their usage and electricity costs, which is so important at a time of continued high international energy prices. As the rollout continues at pace, I look forward to it nearing completion and commend ESB Networks for their delivery of this programme. A smart meter in every home and business in the country will not only help us to meet our climate goals and allow us to become more energy independent, but will also unlock an array of smart energy solutions that will connect and empower our citizens as part of Ireland’s energy transition."

Nicholas Tarrant, Managing Director, ESB Networks, said: "We are delighted with the progress to date on the National Smart Metering Programme and achieving the milestone of 1.5 million smart meters installed. This programme is a key element of our Networks for Net Zero Strategy and provides customers with new technology that enables them to take more control of their electricity usage. This is a vital component in enabling a smarter, low carbon electricity network and in supporting the delivery of the Government’s Climate Action Plan."

Commissioner Aoife MacEvilly, Commission for Regulation of Utilities, stated: "We are very pleased with the success of the roll out to date. Regardless of supplier, smart meters give customers access to more information about their consumption. The ESB Networks online account provides time of use information that can help customers to understand and reduce their electricity use, or choose a suitable smart meter tariff from their supplier, which ultimately allows customers to have more control over their electricity costs."