Half Hourly Electricity Tariffs Explained
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If you feel like your business electricity bill is extraordinarily high, then it may be due to incorrect metering – which is actually more common than you might think. This can be a huge problem, especially if your business is an energy-intensive one. These types of businesses tend to have their energy consumption monitored through the use of half hourly electricity meters, which also gives them access to half hour electricity tariffs.
What is half hourly electricity?
Half hourly electricity is based on the use of a half hour electricity meter which captures the details of your businesses’ electricity usage and sends it to your supplier every half an hour. This means that your business electricity supplier can more accurately charge your business based on the electricity you are actually using – which minimises the risk associated with incorrect billing.
This type of meter also allows you to carry on tailoring your electricity contract to more accurately meet the needs of your business, meaning once you have checked out the half hourly electricity tariffs available you can decide to go for fixed rate charges, giving you absolute certainty on your monthly budget, or take a gamble on flexible rate tariffs hoping that the price of energy goes down and not up!
How do half hourly electricity meters work?
Half hourly electricity meters are fully automated, they have to be in order to be able to take and submit accurate readings on a regular basis. They rely on an internet connection or phone line to send your usage details to the supplier, meaning you don’t have to do a thing! Your supplier will then use these readings to calculate your monthly charges.
Can I switch my current half hourly electricity tariff for a cheaper one?
If you are looking to save money on your energy bills, then it is a good idea to get a half hourly electricity quote from a variety of suppliers, compare these quotes and switch to the supplier who you feel offers you the best deal.
We recommend that you compare half hourly electricity prices using the D-ENERGi team, as they are adept at negotiating deals with business electricity suppliers – something that can be hard to do if you don’t have a lot of experience in the business energy market.
