The energy regulator is investigating three 'Big Six' energy firms over a slow roll-out to businesses of advanced electricity meters.
Ofgem said British Gas, E.ON and npower were the poorest performers in terms of completion rates.
Under the Labour Government's advanced meter roll-out scheme, which began in 2009, suppliers had to take all reasonable steps to fit 155,000 business customers with, and supply electricity through, advanced electricity meters by April 2014.
Ofgem said the roll-out was only 75% complete in electricity, compared to 86% complete in gas and the three firms accounted for over half of the 40,000 advanced electricity meters still waiting to be installed.
It was also watching other suppliers and urged all firms to continue to fit the meters in an effective and timely manner.
Rachel Fletcher, senior partner at the regulator's markets division, said: "We are disappointed in the overall performance of the majority of suppliers concerning the roll-out of advanced meters to business customers.
"These new meters offer real benefits to customers including saving money through reduced energy consumption and ending estimated billing.
"Regulatory and government programmes are not optional and failure to meet these in a timely way causes consumer harm.
"All suppliers can and must learn the lessons from the roll-out of meters for business customers and apply them to the domestic smart meter roll-out."
Ofgem monitored suppliers' progress throughout the roll-out and said it repeatedly reinforced the need to deliver on time.
A similar programme for domestic customers is due to get underway - with firms obliged to ensure that gas and electricity smart meters are installed by the end of 2020.
The Government has estimated the business scheme should save firms a combined £40m annually.
A British Gas spokesman said: "British Gas is a committed advocate of smart and advanced metering.
"Since 2008 we've made significant efforts to ensure that all our business customers can benefit from advanced metering, which will put them even more in control of their energy consumption and help them keep their bills down.
"We remain very aware of our obligations and will continue to work hard to overcome obstacles to the roll-out of this technology.
"We'll co-operate fully with the Ofgem investigation".
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