Have you installed a smart meter in your workplace yet? If not, then what are you doing? These installations aren’t just for your household these days. It’s simple but can make a huge impact on your overall spend, along with helping you toward any overarching energy efficiency goals. In this sort of energy crisis and general economy, everyone needs to take as many advantages as they can.
This piece will put the spotlight on why a smart meter is so important for business settings, so you can trust that it’s not just one of the trends of the day.
Accurate & automated meter readings
The ultimate benefit is that you don’t need to know how to read a smart meter like you do with a traditional meter. All you need to do is press the designated display button on your In Home Display (IHD) and read the number, either followed by kWh (electricity) or m³ (gas). You can trust that these readings will be accurate, which can never be a certainty with manual readings. Better yet, the readings are automatically sent to your energy supplier, ensuring you get a precise business electricity quote or business gas quote.
Cost savings
The main reason for needing accurate and automated meter readings is that your billing will be undeniably precise. This means that you can guarantee that you won’t be paying more than you’re supposed to, while the data will also give you a better view of how to reduce costs in general.
Detailed consumption data
The benefit of a smart meter reading isn’t just accuracy for the sake of billing – it’s also a great way to better figure out your business’s energy usage patterns. The data from your meter can help with identifying:
- Peak consumption times
- Equipment and machinery that use the most energy
- Departmental differences
- Historical comparisons
- Ideal scheduling information
All of these data points are ideal for tailoring your energy consumption in the long term. You can consider installing more energy-efficient equipment or implementing better saving policies with all this information.
Environmental benefits
Smart meter installation is also a great way to increase your energy efficiency for the sake of the environment. Sustainability has become massively important in business in the 2020s, both for the betterment of the earth and for enhancing a corporate reputation. Lowering energy consumption lowers carbon emissions, making for a more sustainable operation in general.
Renewable energy compatibility
Second-generation smart meters (SMETS2) can also record renewable energy generation, meaning you can accurately measure solar panels, wind, and more. This is also great for exporting electricity, ensuring you can accurately track schemes like the Smart Export Guarantee.
Time-of-use tariff options
Using one of these advanced meters can enable your business to embrace time-of-use tariffs – a system that charges different rates for energy across different times of the day. These kinds of systems allow for utilising off-peak hours, meaning businesses can reduce their energy consumption and costs.
Remote monitoring and troubleshooting
Some smart meters can be linked to mobile devices, allowing relevant workplace managers to check in on consumption, even when they’re not present. Having access to this information anywhere is great for analysing performance wherever you are.
Install your smart meter now
So if you’re asking, “Do I have to have a smart meter?”, the answer is a resounding yes! Operating in the 2020s as a business owner is often a fight against excessive energy consumption and costs, so there’s no reason for you not to get the best, most comprehensive information possible. Get in touch with a reputable supplier today and they’ll provide you with a meter for your workplace!
