Business Energy Metering is changing
Under new regulations, all businesses using electricity meters profile 05-08 must use automated meters,
P272 is a mandatory industry-wide change instigate by OFGEN for the Half Hourly (HH) Settlement of profile classes 5-8 that have capable metering in place. I.e. where AMR (Automatic Meter Reading) meters are fitted.
Settlement is a process by which Electricity volumes are allocated to suppliers.
The change is to be implemented by 1st April 2017; AMR meters are able to record consumption in each half-hour giving more precise data on customer’s usage. The change requires that suppliers use this data to settle profile class 5-8 meters rather than a pre-determined industry-wide forecast. This data can also be used for billing which means customers invoices will better reflect the cost of their energy.
The obligatory change is industry-wide and will be implemented by all suppliers.
What do I need to do to comply?
Before 1st April 2017 you will need to appoint a meter operator (MOP) and Data Collector (DC) C G Utilities can arrange both these services.
C G Utilities has long term relationships with MOP and DC suppliers; we can negotiate the very best rates for both services.