EDF Energy to pay £350,000 smart-meter penalty

Company fails to meet annual target of fitting smart meters in customers' homes

EDF Energy has agreed to pay out 350,000 for failing to fit enough smart meters in customers' houses, the first time an energy supplier has been penalised for missing domestic smart meter targets.

Every large energy supplier has an annual target for rolling out smart meters, which provide consumers with real-time electricity usage data and automate readings, with a government goal of all households being offered one by the end of 2020.