There’s important news for industrial and commercial energy consumers…………………
Many companies with high energy consumption are now required to use smart metering that provides a half-hourly (HH) measurement. The smart meters are provided by the energy suppliers. Most of these corporate users currently use estimated (NHH) measurements.
Ofgem Proposal 272 will require that these consumers are settled using their half-hourly data by April 2017 for class 05~08 meters
The bills that customers receive will look different. There will be a cost for consumers for operating the new meters, and for collating and processing the data. Also, as charges are made directly rather than estimated, costs will be higher during peak times.
Nevertheless, there are real potential benefits from using this improved energy consumption data stream to manage consumption and reduce costs, for instance by changing the schedule by which energy is consumed. Heating and air-conditioning, machinery power and other uses can be rescheduled to avoid high costs.
Energy consumers need to act now to implement a strategy to take advantage of the changes in energy management created by P272, to negotiate the most favourable energy supply contracts, to manage energy measuring and reporting and where necessary appoint a MOP and DC/DA provider.
BAS Energy will partner with you to deliver the best reporting, find the best deals and take advantage of the opportunities offered by P272. Come to our P272 page or call 0845 1800 700 to talk to our consultants.
This is a promoted article.