14 Jun
Why You Should Be Tracking Your Business Energy Usage
Posted on Jun 14, 2023
by D-ENERGi
Keeping track of your energy usage is incredibly useful for helping you understand how much energy your business consumes over a period of time, explaining your energy bills, and providing an insight into how energy efficient your business truly is.
For those who want to play closer attention to their energy usage, it doesn’t have to be complicated or confusing. In fact, it’s rather simple.
Understanding what your energy bills mean
One of the ways you can understand how much energy you use in your business is to gain a better understanding of your energy bills. Whether these fall through the post box or ping as an alert on your phone, energy bills are easy to access and can quickly be explained.
There are several pieces of information provided on a typical energy bill. This includes how much money you owe your energy provider but also details of how much energy you have used over a period of time. Typically this will be over the past 3 months (if sent quarterly). However, some energy providers can provide more regular bills, if necessary.
Your usage will be explained using the meter readings or estimated meter readings your energy provider has access to. Providing regular meter readings will ensure your bill is precise and accurate, guaranteeing you are only paying for your actual energy usage. Understanding your usage from your energy bills will help you better acknowledge just how much your usage influences the prices you pay for electricity and gas.
More on how to read an energy bill can be found here.
Tracking your energy usage with a smart meter
Another method for tracking your usage is to install a smart meter for your business. Providing real-time details of your usage, giving you insight into how each running appliance or electrical good impacts your consumption is incredibly useful. Opting to have a smart meter installed allows you to pay much closer attention to your energy consumption and see just how much this is going to cost you. Plus, information from your smart meter will be supplied directly to your energy provider, making it easier to keep meter readings as accurate as possible.
Reduce your energy costs
Keeping track of your energy usage is one of the most effective ways to manage the costs of your energy. Having a greater understanding of how much energy your business uses, gives insight into what is costing you the most and allows you to make proactive decisions in order to lower your consumption. Which, in turn, will help to reduce your bills.
Meet business goals and improve your sustainability
Tracking your business energy usage is the first step to improving your sustainability. By understanding where and how your energy is being used, you can identify areas where you can make changes to reduce your consumption. Which, as we mentioned above, can lead to lower energy bills, but also a smaller carbon footprint, and a more sustainable business overall.
Struggling to understand your energy usage?
If you are struggling to understand your energy usage and need your bills explained to you, do not hesitate to get in touch with our team. We can decipher your energy bill for you, explaining your consumption, the cost of your energy, and provide advice on how to cut your energy usage.
What is P272? P27what? You aren’t alone in the dark about P272. P272 is regarded as one of the biggest shakeups to the business electricity market since deregulation. Sounds more like a character out of star wars, but here are some facts on P272, which we have put together hopefully jargon free. If you unsure on how P272 affects your business please do not hesitate to contact us for free on 0800 781 7626, we will be delighted to help you further. You may also like to view our infographic and visit our support page dedicated to the P272 OFGEM legislation.
The Facts – What Is P272
P272 is a new regulation which has been implemented by OFGEM. It affects the way suppliers settle electricity consumption for businesses with a specified energy use. Resulting in sites being changed to half hourly.
Remember, remember the 5th November… “Guy Fawkes?”. No, no… this is when the P272 migration began! The deadline for all sites to be settled to Half-Hourly is 1st April 2017. Don’t be fooled by the date, it really is 1st April! Also, don’t be put off by the 2017 threat – it’ll be here before you know it!
The settlement is being put in place in order for suppliers to balance the amount of energy being purchased from the Generators. The aim for P272 is to make the readings more accurate via the half hourly consumption. This will provide distributors with more understanding on electricity use. This results in networks ensuring they are sufficiently developed and maintained.
Ultimately, P272 helps you and your business manage and also use the energy smartly. It gives you the opportunity to see where and when you are consuming energy. Also, a more accurate settlement which could lead to better tariff rates… something nobody would say no to, agreed?
Now you (hopefully) have a little more understanding of P272 here is how to prepare:
Learn if your portfolio is affected.
Speak to your supplier, they will be more than happy to explore your options with you.
Select your Half-Hourly Meter and Data Collector.
If your business has a maximum demand electricity supply categorised by profile classes:
05 06 07 08
And you have an Automated Meter Reading meter of which is capable of HH data collection and remote programming. Just to let you know… 160,000 sites are affected so it is definitely worth double, maybe even triple checking!
“How do I check?!” I hear you say? Simple… you just check the S number at the top of your electricity bill to find out your sites profile class.
Believe it or not, P272 can be very beneficial for you and here’s why:
You receive accurate billing
It offers you the ability to avoid peak times of electricity use
It gives you an insight on your energy usage
It allows you to make room for an opportunity of improvement and efficiency
REMEMBER…
This is an OFGEM regulation affecting ALL maximum demand meters and ALL electricity suppliers equally. If you’re being advised P272 does not affect your business, please let us double check this for you.
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A Russian rocket blasted into space this month to investigate whether any methane gas is present on Mars, as part of the joint ExoMars project created by the European and Russian space agencies.
Methane is a gas created by living microbes, and if it were to be detected it would be a revelation in the space industry as it could prove that life exists or existed on the red planet, some 225 million kilometres away from the Earth (which is itself something of a shock, given that in 2003 Mars was a mere 56 million kms away).
We already know there is life-giving water on Mars. Just like the Earth it has ice caps, although the water they contain is more elusive. The American space agency NASA made a huge discovery in 2006 when it found there was water flowing through the planet in even the hottest months of the year, and that the ‘lines’ that appear on our satellite images of Mars are streaks of flowing salt water.
That’s when the questions ‘did life exist on Mars, and can we find out?’ really started to arise.
The ExoMars project involves sending up a Trace Gas Orbiter to sniff the Martian atmosphere for methane, and if the results are positive then this would establish that methane has been generated via geology or a biological process.
As part of the same mission, a stationary lander called Schiaparelli will test the technology for a subsequent mission – ExoMars 2018 – which will see a UK-built rover collect soil samples filled with water particles and drill below the planet’s surface to look for other signs of life. That’s when the search for Martian life will start in earnest.
These two projects combined will cost an eye-watering £900 million but isn’t it worth it for the chance to make one of the biggest discoveries of all time? What a time to be alive!
Planetary scientist Dr Peter Grindrod, from Birkbeck, University of London, who is funded by the UK Space Agency, certainly thinks so. “It’s incredibly exciting,” he enthused. “This is a series of missions that’s trying to address one of the fundamental questions in science: is there life anywhere else besides the Earth? Finding that life exists elsewhere in the solar system would be a huge discovery, so the evidence has to be strong. As they say, extraordinary claims require extraordinary evidence.”
Wouldn’t it be amazing to find out if there really is Life On Mars, or if there has been in the past. It’s astonishing to think there could be more than just us Earthlings in our solar system!
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