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Planning

Business Energy and Industrial Strategy

Smarter Tariffs - Smarter Comparisons

Publication Platform
Business Energy and Industrial Strategy

Publication Date
20 December 2019

Tender ID
Smart Meters Analysis

Description
Smarter Tariffs - Smarter Comparisons will play an important role in enabling a world-leading smart energy system that competitively delivers secure, cheap and clean energy by supporting smart tariffs which can unlock greater system flexibility and benefits to consumers and the system, across generation, distribution and supply. Aligning with governmental priorities around smart data, clean growth, electric vehicles, smart systems and flexibility, smart meters and half-hourly settlement the project aims to deliver an innovative approach to domestic tariff comparisons. We are seeking to procure consumer research, market engagement and technical development to demonstrate how new smart meter-enabled tariffs (e.g. dynamic time-of-use, export, and electric vehicle tariffs) can be compared and how price comparison websites and auto switching services can make use of this new approach to improve consumer engagement and experience, driving greater adoption of these new types of tariffs and the realisation of £billions in consumer, system and carbon benefits. Outputs of the project will include: • consumer and market research on smart tariffs and current approaches to tariff comparisons; • a framework for smart tariff comparisons; • new consumer engagement approaches, across different segments, for smart tariff comparisons; • a data model for smart tariff comparisons; • a web/app-based software prototype; • publicly available reports setting out findings.