Capita Plc - Capita extends smart meter licence contract
The extension, with a total contract value of up to £135m, will see DCC continue to operate the secure platform supporting the UK’s smart meter roll-out until
It is operated by Capita under a licence regulated by Ofgem, and is responsible for operating the secure platform which is connecting 53 million smart meters to energy suppliers, distribution network operators and other authorised third parties, such as software as a service (SaaS) providers.
“We will continue to leverage deep technical expertise and regulatory knowledge to deliver smooth migration to smart meters, helping
Notes to editors:
The total IFRS 15 transaction price (order book) for the two-year extension is £22m.
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Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s 41,000 colleagues support primarily