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The Benefits of Smart Meters for Businesses

If you’re a smart meter-eligible business, then your energy supplier has probably already offered you the chance to get a business smart meter installed. A business smart meter is a sophisticated way to measure energy consumption. It offers a plethora of benefits to you and your business, but are you unsure if it’s the right decision?

If you’re still contemplating things, we’ve gathered all the information you need as to why a smart meter is a right choice for your business. 

Say goodbye to estimated billing 

The main drawback of traditional smart meters is the commonality of estimated billing. Between the hustle and bustle of running a business, if you forget to submit your meter reading, your monthly bill will be estimated. These estimates would be based on your previous month’s energy use and meter readings. Regardless of whether less energy was used compared to the previous month, you’d have to pay by the estimated bill.  

One of the most beneficial features of a business smart meter is the accuracy of the readings provided by them. Your business smart meter will send precise readings to your energy suppliers consistently, meaning you’ll only be paying for the exact amount of energy your business has used. This reduces the chances of incorrect or unfair energy bills. With a business smart meter, you won’t get unnecessarily charged extra, nor will you end up paying too little, only to get an unexpected bill to cover the deficit later. This can help you better manage cash flow and avoid any issues. 

Save time and energy with business smart meters

With business smart meters automatically submitting meter readings to your energy supplier; it eliminates those extra steps required to manually submit them each month. Whether business or domestic, we’ve all had to trudge out in the rain or move boxes and bags to one side, in order to note down the numbers on our meters. Use your time to tend to tasks beneficial to your business, rather than spending it manually taking and submitting meter reads. Go about with the day-to-day running of your business and let your smart meter take care of monthly meter reads.  

restaurant owner checking business energy usage and business energy strategy through smart meter on ipad

Get insights into your energy usage that help reduce costs 

Some smart meters are able to track and offer insights into your businesses energy use behaviours, and improve your awareness of energy consumption. You’ll be able to see when your energy use is highest, and whether there’s an opportunity to reduce necessary running costs. This gives you the opportunity to distribute energy usage between on and off-peak times. Whilst it’s impossible to co-ordinate all of your energy usage to cheaper, off-peak times, there are often simple changes that can be made to help reduce your energy bills. 

For example, a school could charge equipment such as iPads, laptops and interactive whiteboard pens overnight, or cafes, takeaways and restaurants can time dishwashers and washing machines to run in the early hours of the morning. 

Our in-house solution – Yü Analytics – offers a range of reports to help you make better decisions with your business energy usage. Quickly monitor energy usage throughout different times of the day or compare consumption across different sites.  

Switch with ease 

With the latest generation of SMETS2, switching your supplier has become even simpler. SMETS2 handles two-way communication with a central Data Communication Company, meaning it is not fixed to a single utility supplier, so you won’t lose any of your smart meter features while switching. We understand that switching energy providers can be an overwhelming experience, so we strive to make it as easy as possible for our customers, whether they already have a smart meter or not. With SMETS2, switching is as simple as clicking a button. 

Want to switch to Yü? Get started here. 

With , business smart meters are free! 

We offer smart meter installation free as part of your contract, meaning you can start saving time and money without worrying about an expensive investment. If you’re a Yü customer the set-up costs are already covered by your current tariff. So all you need to do is book your installation appointment and we can take it from there. We’ll get you up and running in no time, with zero additional cost.  

yu energy engineer installing a business smart meter

Unlock Smart Meter Business Tariffs

When you get a smart meter, you’ll also get access to our best rates. Smart meters allow us to receive accurate readings, helping us to better predict your consumption, and allowing us to offer you even better pricing. If you’d like to get a quote for one of our smart meter energy plans, head over to our business energy quote page.

Don’t miss out on the benefits of smart meter technology!

Get in touch with us today to find out more about how we can help you save money and reduce your carbon footprint, with a Yu Energy smart meter.

If you’d like more information on how smart meters can benefit your business, visit our Smart Meter Installation page or give our friendly team a call on 03300415911. 

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