Can I have a business energy contract if I work from home?
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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.
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).
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.
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).
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.
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.
More information on business electricity is available on our dedicated page.
"Very easy. Bea Luseni very efficient & knowledgeable."This review was posted by Alan Duffy on the 31st of March 2017
Super helpful and easy to work with
"Recommend this company in a heartbeat - Nicole Borneuf was super easy to talk to, was not pushy in the slightest, very helpful and replied with all my questions very professionally and did all she could to help. I had to deal with a few companies to sort my business energy out, all but Nicole were too pushy for my liking and I refused to follow through with them. Thank Nicole - you are a credit to your company, thank you for making the stressful energy change so easy."This review was posted by Mia Drew on the 29th of March 2017
An Extremely Competent Company
"Switch my business has not only helped my SME secure a good energy deal for the second year running but Jessica swiftly found a alternative supplier for me when I was let down on the day of switching by the new contractual provider I had chosen some 4 months previously. Being suddenly out of contract and without provider is everyone's energy nightmare. Greatest thanks."This review was posted by S McMillan on the 29th of March 2017
Helpful, friendly and we saved lots of money!
"Jessica Purnell was helpful and friendly, she made the whole process easy and simple AND we saved lots of money thanks Jess"This review was posted by Melanie Baker on the 23rd of March 2017
Quick & Easy
"Kabibi was very helpful and the whole process was very efficient. The one small reservation I had was that I was phoned up by Kabibi almost immediately having received my online quote - which wasn't enough time for me to finish reading the quotes! Fortunately she was able to assist me in a greater savings on both Gas & Electricity, and so as long as the switchover is seamless I will remain very happy with the service."This review was posted by Amanda Brown on the 21st of March 2017