Energy meters play a vital role by providing you with a clear understanding of your energy usage, allowing you to manage your business expenditures effectively. This insight offers you the opportunity to reduce your business energy bills.
There are a variety of meter options to choose from, and the choice depends on your specific business requirements. Some of the most common meters include:
Many homes and businesses in the UK opt for standard electricity meters. These meters display your energy usage in kilowatt-hours (kWh) using a mechanical display.
To take a reading, simply note down the black numbers on the display, reading from left to right.
Smart meters are advanced devices that provide insights into your energy usage, including when and how you use the most energy.
Some smart meters automatically communicate this information with your energy supplier, eliminating the need for intermediaries. This way, you’re billed only for the energy you use.
Dial meters indicate your consumption through rotating dials on the meter when energy consumption increases. Some energy providers accept monthly dial meter readings, allowing you to closely monitor your energy usage.
Digital meters also measure electricity consumption, with some featuring a rotating mechanism similar to dial meters. However, instead of displaying dials, they provide a numerical reading based on your energy usage.
Another type of digital meter employs a Liquid Crystal Display (LCD) to show the reading of a manual meter on a digital screen.
Economy 7 and Economy 10 Meters
If your goal is to conserve energy and use it during off-peak hours, consider Economy 7 and Economy 10 tariffs for your business. These are sometimes referred to as variable-rate meters.
Economy 7 tariffs offer discounted electricity for seven hours during the night, while Economy 10 tariffs provide the same night-time hours and three discounted daytime hours.
It’s essential to adhere to the designated timeframes to avoid increased costs.
Pre-payment meters, often known as ‘pay-as-you-go’ tariffs, offer exactly what the name suggests—you pay for energy in advance. Most pre-payment tariffs require you to top up your account using a card, app, or key.
Digital pre-payment meters typically display the remaining credit on their screens, ensuring you know when to top up.