The deal will see British Gas deploy up to one million of Landis+Gyr’s dual fuel electricity and gas smart meters, along with touch screen in-home display, in UK customer homes.

Under the deployment, which will precede the UK’s main smart metering rollout, consumers are expected to be able to independently manage their energy consumption, cut energy bills and protect the environment.

British Gas and Landis+Gyr plan an open development, based wherever possible on existing standards, to help accelerate the UK’s national smart metering roll-out and encourage the faster development of a range of smart household appliances, from intelligent dishwashers to self-regulating heating controls, the companies said.

Cameron O’Reilly, CEO of Landis+Gyr, said: “Our partnership with British Gas represents a major breakthrough for smart metering in the UK. Together, we will pioneer the technical and practical standards that we hope will see every home and business in the country switch to smart metering within the next decade. We are proud and pleased to have been selected for such an instrumental role in this major deployment.

“This is also great news for up to a million British Gas customers who could save as much as 200 million pounds on their energy bills by the time the main UK rollout is completed in 2020.”