What are the benefits of the P272?
Manage energy consumption
With the improved data readings, it has never been easier to manage the actual consumption of your business. This will allow you to quickly manage your energy use, which can lower your overall business costs in the long run.
The P272 regulation has allowed business throughout the UK to truly discover how much energy they use. The half-hourly settlement offers frequent and accurate readings, which can help you and your business manage equipment far more efficiently.
Managing your energy consumption is far easier with a HH meter than the older on-demand meters. Be sure to take advantage of this to improve your businesses budget.
Reduce your electricity bill
With your electricity data now being uploaded every half-hour period, you can expect your electricity bill to be reduced - as long as you take reasonable steps to lower your electricity consumption. Due to the improved accuracy of your AMR meter, your energy bill will be far more accurate.
This will mean that if you are still using high amounts of electricity, your supplier will still charge you for this. The best way to take advantage of the improved accuracy of your advanced meter is to actively lower your electricity use.
Some electricity suppliers will also work alongside you to help you lower your business electricity bill, especially at peak times!
Maximise energy efficiency
Energy consumption data can be used to ensure you maximize your companies energy efficiency and get the most out of your electricity tariff. With the accurate readings gathered by the new HH electricity meters, you can quickly garner more understanding of when you use the most energy.
By checking your actual consumption, you may be able to determine what is using the most energy and how to lower your overall consumption. Getting the most out of your supply is not only a great way to do your bit for the environment, but it can also save you a lot of money.
Compare energy suppliers with Business Energy UK today
The global energy market is populated with thousands of fantastic business energy suppliers, so we know how complicated it can be to find the right one for your business. Thankfully, our highly trained staff are here to offer you a helping hand.
We can compare a range of energy supplier plans to find the best one for your companies consumption rates. So whether you are on the lookout for a green energy supplier or the cheapest one for your business, get in touch with us today.
Final thoughts
Although the introduction of P272 was first met with speculation, it has quickly become one of the best regulations within the energy industry. By aiding thousands of businesses throughout the UK to effectively manage their energy use, it has saved millions of pounds since its introduction in 2017.
Be sure to take advantage of these improved meter readings and get the most out of your businesses energy consumption. With efficient management, you may be able to save money on your next energy bill!