It’s hard to believe that it’s over a decade since the first smart meter was installed. The smart rollout for both households and businesses has gone from strength to strength, with over 2 million electricity smart meters installed in 2022. In January 2023 alone, there were 183,000 smart meter installations across domestic and non-domestic properties. Many businesses across the country already benefit from smart metering, and as traditional analogue meters are no longer fit for purpose, that number is set to grow.
Read on to discover why you should join other businesses like yours and upgrade to smart.
Electricity meters are made by meter asset providers on behalf of energy companies. In recent years, these companies have moved towards creating smart meters, and the old style of analogue meter are being phased out of production. So, when businesses need a replacement for their meter, they will have a smart meter installed as standard.
Smart meters are also a key foundation in upgrading the UK energy infrastructure. The UK Government has established a rollout framework, which all energy suppliers contribute to through their annual installation targets. The end goal is to help make an independent, sustainable future of energy, and to increase energy efficiency by reducing waste. To find out more, watch this short video.
Under Ofgem (the energy regulator for Great Britain), all energy suppliers are obligated to install a smart meter at a business premises when there is a new connection or if a meter needs replacing. Traditional meters are no longer being made and there’s a reduced number of old meters available, which means smart meters for businesses are the new standard.
Upgrading to smart not only means your business can benefit from the most up to date method for tracking energy, but your business will be part of a safer, sustainable, smarter future of energy.
With a smart meter, your business has the most up-to-date energy technology, which is even safer and more secure, and offers benefits which improve upon previous meter types:
Smart meters aren’t just beneficial here and now, they’re one of the key components in the UK Government’s net zero plans.
*There is no additional cost for a standard installation of a SMETS2 smart meter. The costs of installing and maintaining a new meter are covered in the same way as those of your present energy meter.
**In the unlikely event that our communication with your smart meter is disrupted, we may advise you to submit a manual meter reading, or you may receive an estimated bill
† Terms and conditions apply