On a mission to reduce the nation’s energy consumption, smart meters have been designed to provide accurate meter readings and a visual representation of real-time energy usage. They are the ideal solution for businesses and households hoping to get on top of their energy usage, manage this, and find solutions to reduce energy consumption.
The smart meter rollout
Starting in 2011, the smart meter rollout began. As of 2021, according to the most recent government statistics, in smaller, non-domestic sites (such as micro and small businesses) 145,900 smart and advanced meters were installed by all energy suppliers. This is a 48% increase on 2020, but is similar to figures last recorded in 2018 (pre-Covid).
As installations continue across the country, gas and electricity suppliers now have binding annual targets to achieve to ensure all their non-smart customers have smart and advanced meters installed by 2025.
Are people reluctant to install smart meters?
Although these figures are suggesting an uptake in smart meter installations, the majority of these meters are still yet to be installed.
This may be because there are several misconceptions surrounding the use of smart meters. A commonly asked question regarding these devices is whether or not they use more electricity.
Although it is true that your small device uses your electricity supply for power, the very small amount that it does use, does not counteract the benefits this device provides.
How do smart meters work?
Smart meters work by measuring your gas and electricity usage and sharing this data directly with your energy supplier. This means no more electricity or gas meter readings. The smart meter does all this for you, sending accurate and regular readings to avoid estimated bills. A smart meter does not require internet access, instead they use the secure smart data network to share information about your usage. The system of which this works can be compared to how other wireless systems and devices use radio waves. Smart meters can be used in replacement of traditional meters, such as prepay meters.
Your smart meter comes in two parts; the smart meter and digital display. The smart meter will be fitted where your traditional meter is housed, while you can choose to place your digital display in an accessible place. This accompanying digital display will give you access to data about your electricity or gas usage. This will help you to manage your usage, with the intention of helping you cut back on usage and save money on energy bills.
Smart meters for small businesses
As small businesses feel the pinch of the rising cost of living, business owners are regularly seeking new tips and advice for saving money.
One way to do this is to pay closer attention to monthly bills and to find resources or techniques to reduce these costs, if possible. In a recent study by Smart Energy GB, 72% of small business owners have already made the switch to a smart meter or are considering doing so to manage their energy use at this difficult economic time.
It is simple to request a smart meter for your small business, if you haven’t done so already. As a D-ENERGi customer you have a choice of between two types of smart meters. These are an AMR meter or a SMETS2 meter. Both of which will offer similar benefits, although we do recommend referring to our handy table here, to familiarise yourself with these devices and to find the meter that is better suited to your requirements. For more information about smart meters for business, do not hesitate to get in touch with our friendly team.