Together with our partners, we are embarking on an innovative project that has the potential to transform the energy landscape for business customers. Our mission is to develop a cutting-edge solution that revolutionises the way SME customers compare tariffs, with a particular focus on time-of-use (TOU) tariffs which record the precise times when energy is consumed.
The consortium comprising SSE Energy Solutions, Utilidex, Unit 9, and the University of Reading has won nearly £50,000 of funding to research a digital platform that enables SMEs to find their best energy deals with the help of advanced tariffs enabled by smart meters.
The grant, provided by the UK Government’s Non-Domestic Smarter Tariff Comparison Programme, will fund Phase 1 of the research which will comprise a 3-month feasibility study. The programme aims to enhance SMEs’ understanding of new tariff types, broaden the use of such tariffs, and support the transition to a more flexible energy system.
By harnessing the power of smart meter data, our project aims to create a data-driven tool that empowers non-domestic energy consumers to make informed decisions when selecting the most suitable tariff for their unique requirements.
This tool will leverage data analytics and machine learning to provide accurate and personalised tariff comparisons. This means that consumers can identify and access tariffs that match their energy usage patterns, ultimately leading to cost savings and more sustainable energy consumption.