London, United Kingdom
Smart DCC's mission is to create a more connected Britain, ultimately enabling a smarter and greener lifestyle for its citizens. The company achieves this by digitizing the UK's energy infrastructure, linking millions of smart meters to energy suppliers and distribution network operators through a secure wireless network. As a regulated entity operating under license, Smart DCC is predominantly funded by energy companies and network operators, overseen by the Department for Business, and regulated by Ofgem.
The network not only allows energy companies to enhance service delivery and reduce costs but also promotes energy efficiency, supporting the country's transition to a low-carbon economy. Additionally, it plays a key role in Ofgem's initiative to facilitate faster and more reliable energy provider switching for consumers, promoting healthy competition within the industry.
Notably, Smart DCC is engaged in an ambitious effort to retrofit first-generation smart meters to its network, ensuring that consumers can switch suppliers without losing smart functionality. The company's secure network also presents extensive opportunities for innovation in the energy sector and beyond, potentially supporting initiatives such as nationwide smart charging for electric vehicles, smart buildings, smart cities, and remote healthcare.
Founded in 2013, the company's forward-looking approach mirrors its commitment to drive public good and contribute to the development of a carbon-neutral Britain. By engaging with innovative businesses, Smart DCC is poised to leverage its network to foster new products and services, while actively exploring methods to maximize the utility of its infrastructure assets to ultimately reduce costs for its customers and contribute to a sustainable future.