The sum of €20 million has been spent on the installation of smart meters and this was according to the payment plan agreed between IBM and Enemalta and WSC.
Answering a question by Jesmond Mugliett, Finance Minister Tonio Fenech said various measures were taken, including the small scale implementation plan and its evaluation and the installation of some 38,000 metres. There were another 44,157 metres in Enemalta’s warehouse.
The minister said that the installation of smart meters started with a pilot project in May 2009, during which 5,000 smart meters were installed.
Mr Fenech said that the installation was moving according to plan and all meters were expected to be changed within three years.