Smart metering firm Landis+Gyr led the roll out of smart meter systems to ninety eight percent of Finland's households. This development places the country as one of the most advanced in Europe in terms of ability to meter electricity consumption at the residential level.
To date, Landis+Gyr has delivered more than one million smart meters to a number of Finnish energy companies — the equivalent of delivering a smart meter to every third Finnish household in a country with about 3.2 million metering points.
Smart metering projects have been large-scale initiatives — at the height of project activity, a smart meter was installed every minute in Landis+Gyr projects. The projects in which Landis+Gyr has been involved in Finland also included logistics for the management of old and new meters, system installation and integrations as well as comprehensive field testing prior to project acceptance.
According to Finnish legislation on billing and smart metering, which was introduced in 2009, 80 percent of Finnish households were to have smart meters installed by the beginning of 2014.
Project completion shows that total smart metering coverage has clearly exceeded that national target and is now close to 100 percent. According to the Berg Insight Report on Smart Metering in Europe in 2013, the average smart meter penetration rate in Europe was 22 percent at the end of last year.