More than 24,000 meters to be introduced in households and businesses
In a massive effort to significantly improve payments of electricity bills and combat energy theft, Government will be introducing 24,000 new smart meters in the coming weeks
In apparent effort to allow the state's utility company Enemalta to improve its cash flow position, 24,000 new smart meters will be installed in households and businesses and radically improve readings of energy consumption.
The government has also reorganized ARMS Ltd. to issue electricity and water bills on a regular basis, something which seems to be have been curtailed by the previous government before and during the long electoral campaign.
According to a government spokesperson, the installation of smart meters will facilitate government's efforts to limit energy theft and fraud.
"It will mean that families and businesses will be able to budget their energy consumption payments and at the same time facilitate Government's efforts to further limit energy theft and fraud," a government spokesman told MaltaToday.
This decision is deemed crucial and forms part of government's strategy for the financial viability of Enemalta. Also, one of the first decisions taken by the new Arms Ltd board was to ask for the resignation of Arms Ltd CEO Wilfred Borg over allegations of crass mismanagement.
Arms Ltd's original plans to introduce smart meters nationwide by the previous government was hampered by serious bureaucratic issues and political interference. There are approximately 40,000 Smart Metres already in operation. The new meters to be installed will bring the total number of meters up to 64,000.
The same spokesman told MaltaToday: "Since the second week of March we have been working day and night to conclude the ARMS Operations Review. With the review now finalised, teams within ARMS Ltd have already been mobilised with the goal of improving the existing meter-to-cash cycle."