The 5th of November was an important date regarding the modification of P272.
From this point onwards electricity suppliers will be obliged to upgrade 05-08 profile class meters to read half hourly within 45 days of the contract start. Under P272 all meters have to be changed by April 2017, regardless of contract renewal date.
P272 states that affected businesses must use automated meters, which send regular half hourly usage data to energy suppliers. This will make your metering more accurate and depending on the existing pattern of usage, sometimes may mean a fall in costs, while others will see a rise. For example, if you use less energy at expensive times, like the 5pm winter demand peak, you should save money.
You will need to pay for a Meter Operator (MOP), who installs, updates and maintains your electricity meter, and checks it communicates properly with your energy supplier. In addition you will also require a Data Collector (DC) and Data Aggregator (DA), who collects your energy usage data from the meter, verifies it, and sends it to your supplier so they can invoice you.
We can help you with all of this by offering support on installing ?a MOP, DA, DC. In addition we can also help you with advice on the best supplier to utilise for pricing, fixed rates and assurances of meter upgrades without inconvenience to you. Please contact us if you have any queries.