British Gas extends G4S metering contract
10 May 2010
G4S Utility Services, one of the UK’s largest national providers of metering and field services, is pleased to announce that its contract with British Gas for the provision of metering, data processing and data aggregation services has been extended for a further three years. The contract is worth in excess of £100m over the period
The extended contract will provide a solid base for growth opportunities to help G4S Utility Services explore and expand into other strategic revenue streams, whilst still maintaining its meter reading services, during the national smart meter rollout currently underway.
G4S Utility Services, which is headquartered in Newcastle, has 2,200 meter readers who account for some 50 million domestic and commercial meter reading visits throughout England, Wales and Scotland (including all Islands). In addition to its metering services it also provides operational and data processing support to a number of global energy companies.
Kim Challis, Group Managing Director G4S Utility Services, commented: “This extension to our existing contract is excellent news. It is a real endorsement of our strong service delivery track record, multi-skilled workforce and established expertise in the metering field. We are looking forward to cementing our relationship further with British Gas over the coming year.”
Ian Peters of British Gas added: “G4S Utility Services have demonstrated to us their professionalism and expertise in the metering field, something we were very keen to maintain, particularly during the roll out of Smart meters across the UK. We are looking forward to continuing to work closely with G4S during this busy phase.”
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About G4S
G4S Secure Solutions
G4S Secure Solutions is the largest security solutions company in the UK and Ireland with a turnover of more than £1 billion and 32,000 employees. More than 6,000 customers, including 59 FTSE 100 companies and the majority of UK Government departments, depend on G4S to provide them with a safe and secure way to deliver their services. For more information please visit www.g4s.com/uk.
G4S Utility Services
G4S Utility Services (formally AccuRead) was founded in 1996 and visits over 50 million properties a year throughout the UK on behalf of major utility companies, including British Gas, E.on and EDF Energy. It also has a national workforce of multi skilled meter workers who can install electricity and gas meters and carry out subsequent maintenance. It also has system capability and can provide a full end to end smart solution including half hourly data retrieval and energy management information.
British Gas
British Gas, part of the Centrica Group, is the UK’s leading energy supplier, supplying gas and electricity to UK residential and business customers, providing central heating and gas appliance installation and maintenance and low-carbon and energy efficient products and services.