Fulcrum diversifies Smart Metering business with first commercial energy supplier contract
22 Sep 2020
Fulcrum is expanding its Smart Metering portfolio after securing its first commercial meter contract with B2B renewable energy supplier, Bryt Energy.
The Sheffield-based company has established a new agreement with Bryt Energy, the fastest growing I&C supplier in the country*, to become one of their Meter Operators (MOP) and Meter Asset Managers (MAM), owning, maintaining and exchanging their meter portfolio.
Bryt Energy, part of the Statkraft Group, supply British businesses with zero carbon, 100% renewable electricity, using only Wind, Hydro and Solar power. Bryt Energy also offer on-site generation, battery storage, optimisation controls, and innovative smart metering technology, to help businesses on their sustainability journey.
This new contract strengthens Fulcrum’s position in the Smart Metering market, which it entered in 2019, building on and diversifying its portfolio of managed UK meter points to well in excess of 150,000.
This latest agreement follows a raft of domestic Smart Metering contracts secured by Fulcrum with suppliers including Square 1 Energy and Symbio Energy and reinforces the company’s strategy to provide flexible metering services to new market entrants and growing energy suppliers.
Operating with a full national engineering coverage, Fulcrum has also invested in an experienced management team for its Smart Metering operations to support its work with energy suppliers.
In less than a year it has built up a portfolio of diverse contracts, assisting energy suppliers in managing their obligated smart meter exchange programmes as an integrated Smart Meter installer, Meter Operator and Meter Asset Manager.
Fulcrum is also providing other ongoing MAM and MOP metering services, including portfolio management and maintenance, site surveying and consultation, along with new meter connection programming.
Tim Houtby, Director of Smart Metering at Fulcrum, said: “Our ability to establish bespoke operations for new and emerging energy suppliers and our reputation for delivering an excellent service to our clients is helping Fulcrum to grow our position in the Smart Metering market and has enabled our expansion into the commercial metering market.
“Bryt Energy is bringing innovation to the business energy market and we are pleased to support them with an agile and flexible service that provides tailored, customer-focused Smart Metering operations. Our collaborative approach is proving to be a successful formula with our energy supplier customers and contributes to our shared ambition of delivering a sustainable, smart energy future for the UK.”