Business Energy Costs Post-Brexit
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If you run a large business, half hourly metering is something you should be familiar with. Since the P272 legislation, all business energy suppliers are required to use half hourly metering to monitor businesses using the Profile Classes 05-08, typically known as Maximum Demand. Here at SwitchMyBusiness.com, we are answering questions you may have about half hourly meters and how they work.
A half hourly meter is an energy meter that monitors the amount of electricity used by a business within a half-hour period. An Automatic Meter Reading (AMR) function is usually installed in these meters, and this is what makes the energy reading and sends the data to business electricity suppliers to provide an accurate insight into their customers’ usages.
As half hourly meter readings are taken so frequently and are automatically sent to energy suppliers, they make electricity bills very accurate. Business electricity suppliers no longer need to estimate what they should be charging customers, they can now accurately calculate how much electricity has been used and how much the business needs to be billed.
The accuracy gained from half hourly meters also allows businesses to identify any energy efficiency issues, and monitor the impact of any efficiency measures in place at your business.
Businesses with a peak electricity loads of 100kW or more in a half hour period are required to use half hourly meters to monitor their electricity usage. If your business electricity peak load is 70kw, you have the option to use a half hourly meter to monitor your electricity, but there is no requirement to do so.
To see if you have a half hourly meter installed, simply check the Supply Number on the most recent electricity bill for your business premises. If the number begins with ‘00’, a half hourly meter is installed on your property and monitoring your business electricity.
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"Having used Switch My Business for the first time, we were lucky to be connected to Mark Weeks. Mark was extremely patient and helpful throughout the entire process and explained the appropriate steps we should take before we move providers and was upfront and honest about anything else. Would strongly recommend their services and would like to thank Mark for all his help."This review was posted by Clare Smyth on the 20th of September 2019
Have used Switch my Business on a…
"Have used Switch my Business on a number of occasions and extremely happy with the service. A special thanks to Mark Weeks who is more than helpful."This review was posted by Liz Riley on the 19th of September 2019
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"I’m always nervous about speaking to companies as a small business because I’ve been taken advantage of more than once and ended up with huge bills. I spoke to Cheryl today who switched my commercial bills over for me and saved me an amazing amount. She was great, professional and thorough without making me switch off with her great sense of humour. The deal she got me was also brilliant. Thank you Cheryl I will be recommending you in future"This review was posted by Emma on the 18th of September 2019
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Cheryl Sreenan was most helpful and…
"Cheryl Sreenan was most helpful and informative and very pleasant to talk with and dealt with all the boring details in high speed fashion but not without making sure I fully understood all that she was saying. Highly recommended"This review was posted by Jude Curtis on the 17th of September 2019