31 March 2023
In July 2021, to help maximise the benefits of smart metering, the Department for Business, Energy & Industrial Strategy (BEIS) looked into changing the way businesses receive their smart meter data. They began a consultation with a variety of stakeholders – including energy suppliers, metering agents and third parties – to discuss changes that would affect exactly what data businesses are entitled to receive from their energy supplier.
As a direct result of this review, BEIS implemented policy changes affective 1st of December 2022, to improve the smart meter data offer for businesses large and small. Here’s what you need to know about the mandate…
The BEIS mandate covers two key parts. The first to affect businesses was launched on the 1st of December 2022 and is detailed below:
In addition to the above, energy suppliers will have until the 1st October 2024 to implement the second part of the mandate:
The first step to using energy more efficiently across your business is measuring it. With a smart meter installed and easier access to data, businesses will be better able to identify ways to reduce energy and costs. Armed with this insight, it’s also easier to make informed decisions about upgrading to more energy efficient equipment or changing how much or when your business uses energy.
Learn more about smart meter for your gas or electricity, or watch our YouTube video below:
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