How much could your business save?Find out now!
Or, you can call us on:0800 411 8830

What is P272 and does it affect my business electricity?

What is P272?

P272 means that all maximum demand meters (profile class 05-08) with an Automatic Meter Reading (AMR) function will need to be settled on actual Half Hourly (HH) consumption data. Half Hourly meters (profile 00) are already settled this way. Currently settlement occurs using an industry-wide forecast that is pre-determined in order to allocate electricity volumes to each supplier.

What does P272 mean for me?

You will only be affected by P272 if you have an AMR meter and your profile class (PC) is 05-08. If you do not fit these criteria, there will be no impact (give us a call on 0330 0100 251 if you are unsure about anything). However, this might be a good opportunity to examine the deal you are getting and take a look at what other business electricity providers are offering (which we do do in 20 minutes without any obligation).

Does P272 mean cheaper business electricity?

Measuring on a half-hourly (HH) basis should mean more accurate business electricity bills. Whether this translates to a saving depends upon whether the pre-determined industry-wide forecasts used to estimate your bill underestimate or overestimate your usage (although a meter reading means that you will eventually get an accurate charge).

Perhaps most important for cheaper business energy is the division into two rates, a higher charge day rate and a cheaper evening rate. By moving high consumption to off-peak periods, you can take advantage of the cheapest electricity for business.

What is the impact of P272 for business electricity suppliers?

This type of clarity encouraged by P272 will allow business electricity suppliers to build up a clear and comprehensive energy profile of your company. Demonstrating optimal energy use could help you negotiate better business electricity tariffs (give us a call on 0330 0100 251 if you want us to check what’s on offer and negotiate on your behalf).

Do I need to replace my business electricity meter because of P272?

Your AMR meter should already be capable of taking half-hourly (HH) readings so P272 does not mean a new meter. Your AMR should be remotely configured overnight – if a site visit is needed, your business electricity supplier should be in touch to arrange.

What is the P272 deadline?

All UK business electricity suppliers must be P272 compliant by 1 April 2016. If you are affected, you should contact your supplier to check whether your business electricity tariff will be changed.

Where can I find out more information?

Ofgem have some more information on P272 but those short of time or patience should give us a call on 0330 0100 251 (or request a call back using our form).

More information on business electricity is available on our dedicated page.

Related Articles

could a cyber attack bring down the energy grid?

Could a cyber attack bring down the energy grid?

On Friday October 21st, people tried to log on to Twitter. The site was down. Cyber hackers had crashed the wo...

Read More
in depth: how long would electricity last in a zombie apocalypse?

In Depth: Electricity in a zombie apocalpyse

This is a companion piece to our Zombie Apocalypse Infographic, where we investigate how long energy will last...

Read More

How long would electricity last in a zombie apocalypse? [Infographic]

Ever wondered how long electricity would last if The Walking Dead became a reality? This infographic has the a...

Read More
Excellent, 9.4 / 10

Competent and courteous service.

"Marie was knowledgeable and helpful. I feel able to recommend the service given without reservation. David Slesenger"

This review was posted by David Slesenger on the 16th of August 2016

Good service

"Nadia was very helpful"

This review was posted by Robin on the 16th of August 2016

Excellent Customer Service *****

"Jonathan Burgess is an asset to Switch My Business. He made me feel at ease and was more than helpful at all times. He made regular contact and guided me through the whole process which made switching a breeze. I just wish there were more customer service advisers like Jonathon whose friendly and happy demeanour make your day a much nicer one. Well done Switch my business and more importantly thank you Jonathon for all your hard work! Maria Owen Lodgecrest"

This review was posted by Maria Owen on the 17th of August 2016


"I totally agree with a customer maria owen,Jonathan Burgess was such a pleasure dealing with and is truly a asset to the company, he made it very easy to switch my electricity companies, Jonathan Burgess was very helpful, easy to talk to it was like talking to a friend not just a customer adviser. I would definitely recommend switchmybusiness and try get hold off Jonathan Burgess if possible and have the same excellent service as I did. Rajan Shanan"

This review was posted by Rajan Shanan on the 19th of August 2016

Excellent and very helpful

"Arron who dealt with my switch of energy and gas has been a huge help and extremely efficienct and easy to deal with. Despite British Gas throwing obstacles in the way at every turn he has doggedly stuck to his task and saved the day. Thanks Arron."

This review was posted by Rod Pryce-Jones on the 19th of August 2016