What is a multi-site energy meter?
If your business requires many energy meters for gas and electricity or your business operates over multiple business locations, you will most likely have various business energy contracts, all of which will be managed by different business energy suppliers.
This can take up a lot of time to manage which is where multi meter and multi-site energy management comes in handy.
What are the best multi-site meter rates?
Similarly, to a business energy contract, acquiring multi-site energy contracts for your business depends on several factors including:
- The industry you operate in
- The business location
- The size of your business
- The number of employees
- Your business energy consumption
Utility Bidder can help understand your energy usage and switch your business energy contract to best suit your needs whether that may be dual fuel, half hourly metering or multi-site deals.
What are the benefits of multi-site energy management?
Nowadays, customers can find that they can be paying large amounts for their energy even more now during the current energy crisis. A multi-site meter cam help businesses avoid unnecessary costs by consolidating your meters.
One renewal date
One of the biggest benefits of multi-site meters is that you will only have one renewal date and one supplier, making it simple to manage. This comes in extremely handy for large businesses that have multiple sites and don’t have time to manage numerous contracts.
Easily keep track of your contracts
Our energy experts can break down the complexities of finding a new energy deal and help you switch to multi-site meters.
Save on your business energy costs
Multi-site meters are an attractive option for business. In the fundamental sense, these meters aim to significantly reduce business costs and can be useful in saving time as well. A few companies have huge buildings. Large buildings can use a lot more electricity than a single meter.
What’s the problem with having multiple meters?
Businesses which have many meters will have more contracts and a different renewal date for each which will need managing to avoid being placed on inflated rates.
The admin work involved with dealing with this will be time consuming which isn’t what you need when running a business. Therefore, switching to multi-site meters can massively benefit large businesses.
Find out much you can save on your business energy bills, get in contact today!
What if you have multiple tenants with different energy needs?
If you have multiple tenants, sub metering systems are most likely the best option for you, especially if you all have different energy needs. Sub metering systems allow you to provide tenants with precise energy bills and control business energy efficiency measures which work under the building electricity and gas meters.
Which businesses would benefit from multi-site energy meters?
If you own a business with multiple locations, you will benefit from having a multi-site meter. This is because instead of having single multi-site meter for each of your buildings, all of which may be controlled by different suppliers with various renewal dates, switching to a multi-site meter will help you get the most of your money and save precious time.
After all, what suppliers wouldn’t want to be an energy supplier for multi-occupancy buildings. The same could apply if you run a large business with a high energy demand with multiple energy meters across the one site, such as in an industrial manufacturing plant.
If either of these apply to your business, switching your contract to a multi-site meter could save you money and time. This will consolidate your energy rates and renewal dates into the one deal and also give you greater negotiating power, meaning energy suppliers might offer you preferential prices for combining all your plans into one simple package.
Another benefit of a multi-site contract is having one renewal date which means you are less likely to forget when your current deal is almost at an end. This is extremely useful for businesses as you will avoid being put on out of contract rates by your business energy supplier.
For example, if you have a business with multiple sites, it would be ideal to have one contract, with one end date, from one supplier. We understand it can be time-consuming to switch your energy contract but that is where Utility Bidder can help manage the switch for you.
Our energy consultants are experts in finding the best energy solution for your business. We work with many of the UK’s leading suppliers which enables us to compare competitive rates and find the best deal to suit your specific business.
How to get a Multi-Site Meter?
Changing to an energy-meter isn’t an instant decision. This requires new meters. Speak to Utility Bidder about your multi-site or multi-rate needs. This will give you the opportunity to switch multiple site meters into one multi-site energy contract. The main types of energy contracts available include:
Variable-rate contract
During a variable rate contract your rate may fluctuate throughout the duration dependant on the current market rates. This type of contract means businesses energy tariff may be different every month but can save you money after looking at the market.
Fixed-term contract
This type of contract locks businesses into one set price which will not fluctuate during the contract. No matter whether the market prices are going up or down, a fixed tern contract price will not change.
Deemed rate contract
This contract, also know as an out of contract tariff, usually has very expensive rates from suppliers as there is no formally agreed business contract. The contract needs to be setup once a full business energy audit has been completed to understand your business energy usage.
How can Utility Bidder help you switch to a multi-site energy contract?
Switching from multiple metes to a multi-site meter can feel like a daunting task but that is where Utility Bidder can help. Our energy experts can handle the switch and make it as hassle-free as possible. Get in contact today!
Once our energy experts have the important information about your business energy needs, we’ll compare business energy prices from our range of the UK’s leading energy suppliers, which includes the Big Six suppliers. We only compare business energy deals from suppliers who we know can offer exceptional service as well as competitive prices.
Once we’ve compared our competitive gas and electricity quotes, we’ll provide you with different pricing and contract options to suite your business needs. If you are happy with the deal – whether this is a multi-meter energy supply as part of one package or using multiple suppliers for multiple meters – our energy experts will handle the switch for you, doing of all the admin work and helping make the switching process easier.
If you are a large business customer, Utility Bidder will provide you your own account manager who will become your point of contact for the whole switching process, providing you with consistency, clarity, and peace of mind.
In addition to this, we’ll then continue to take care of your account even once your contract has begun such as keeping you up to date with your contract end-dates and proactively comparing the best business electricity and gas deals when you enter your renewal period.
With Utility Bidders help, you don’t have to worry about rolling onto expensive out-of-contract rates and you won’t need to worry about renewal dates or the hassle of negotiating new deals for your energy contracts.
Frequently asked questions
The energy regulator, Ofgem, will implement a SoLR or “supplier of last resort” if your supplier ceased business.
In regards to domestic customers, the protection of funds paid by non-domestic customers into their accounts “cannot be guaranteed”. Find out more information here.
No, if your supplier ceased business, your supply will not be cut off. This is because you will be given a SoLR or “supplier of last resort” to ensure you have a continuous supply of gas and electricity. Other suppliers will bid to replace the contracts of businesses that have ceased trading and Ofgem will try to get the best possible deal for the customer in these circumstances.
Depending on your new supplier, you will still need to pay the debt to your new supplier if they have agreed to take on customer debts owed to your old supplier. If this is not the case, you will need to set up a payment plan with your old supplier’s administrators that will get in touch with you.
Ofgem will be working on finding your new supplier as quickly as possible. This will be announced on their website within a few days.
Businesses that use a smart meter will be appointed a SoLR and will still have access to a continuous supply. Similarly, to traditional meters, Ofgem will quickly find a suitable supplier for the circumstances. If a supplier is appointed but they can’t operate your smart meter in smart mode, it will work as a traditional meter for that time.
Your business contract will now be void and you will immediately be put on an “out of contract” rate which may result in your bills increasing. This will only be the case until a new tariff is agreed.
Ofgem advises that you should not cancel your direct debit as your new supplier will get in touch to provide further information on direct debit arrangements.
Response was very quick. quotes were very competitive and the advice from Liam was exactly what was needed. a great service!
Very quick & easy contact, sourced new rates quickly & transfer process was simple .
Utility Bidder takes all the hassle out of sorting through the mine field of service providers and provides a professional and time efficient way of securing a competitive price for my energy needs.
Having previously spoken with a rival broker whose consultants I felt were pressuring me into signing a contract immediately, Kirsty Schofield was a breath of air. She found a cheaper and shorter contract to suit my needs and was very friendly and efficient. She made renewing my energy contract a pleasant experience instead of a dreaded chore.”
First class service from Sarah at Utility Bidder, I have been with them for a couple of years now and wouldn’t go elsewhere and would certainly recommend.
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