Smart Metering Systems plc – Contract extension with Shell

Smart Metering Systems plc

Contract extension with Shell

Smart Metering Systems plc (AIM: “SMS”, the “Group”), a fully integrated energy infrastructure company owning and managing meter assets, energy data, grid-scale batteries and other carbon reduction (“CaRe”) assets is pleased to announce that it has extended the exclusivity agreement with Shell Energy Retail Limited (“Shell”) for the installation and funding of smart meters until December 2025.

Alan Foy, CEO, SMS commented:

“The extension of the exclusivity agreement is a testament to the strength of our long-term relationship with Shell, underpinned by our well established end-to-end integrated model.”  

Tony Keeling, CEO, Shell Energy Retail Limited commented:

“Shell has significantly grown its market share in the UK retail energy supply in recent months. The extension of our partnership with SMS is key to us safely continuing to deliver the smart meter roll-out programme – a critical enabler to digitalise and decarbonise the UK energy system.”

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