If your business needs to expand its energy capacity or you’re moving into new premises without an energy meter, you will require a new business energy meter installation.
When installing a new energy meter for your business, it’s important to ensure you have the right meter in place to support your energy usage.
Here, Business Energy look at what you should consider when installing a new business gas and electricity meter.
What type of business energy meter do you need?
The first thing you will need to decide is what type of energy meter you should install at your business premises.
There is no single energy meter which will suit all businesses. The meter you choose to install will depend on factors including your energy usage and your business operating hours.
Your chosen supplier can provide you with one of the following meters:
A single-rate meter monitors your energy usage at one flat rate and is the most popular type of business energy meter.
It is likely to be the best option if your business consumes most of its energy during peak business hours (8am – 10pm).
A two-rate meter charges two separate rates for your energy usage depending on the time of day. A cheaper rate will be charged during off-peak hours and a more expensive rate during peak hours of the day.
Two-rate meters can be ideal for businesses that operate mostly at night, such as takeaways and bars.
As well as charging separate rates for peak and off-peak hours, a three-rate meter charges a third rate for weekend usage.
The rates on time of use meters will vary between energy suppliers so you should check how much you will be charged and when before switching business energy supplier.
Does my business need a half hourly meter?
Half hourly meters are designed for businesses with high energy usage. As the name suggests, they provide meter readings every half hour and submit them directly to your supplier.
This gives high energy usage business access to accurate billing without the need to provide meter readings manually.
Half hourly meters are mandatory for businesses which use at least 100,000 kWh of electricity per year. If your business uses below 100,000 kWh of electricity per year, you can still switch to a half hourly meter if you wish to do so.
Should I install a business smart meter?
If you want access to automatic billing but you don’t require a half hourly meter, a business smart meter will allow you to receive accurate small business electricity and gas bills.
Much like smart meters for the home, a business smart meter uses wireless technology to send meter readings to your supplier automatically.
Most suppliers will install your smart meter free of charge as the setup costs will be covered by your tariff.
Depending on the supplier it can take weeks or even months to arrange a date for an engineer to install the smart meter at your premises. However, once you have arranged an installation date, the process should only take an hour or two.
Arranging your business energy meter installation
There are a few steps you will always need to follow when installing a new business electricity or gas meter.
Your business electricity and gas supply numbers are unique numbers which identify the supply to your premises. They are known as your Meter Point Administration Number (MPAN) and Meter Point Reference Number (MPRN).
You can find your MPAN on your latest electricity bill and your MPRN and your latest gas bill. You will need to submit these to your supplier to install a new business energy meter.
All of the meter types listed above offer different benefits depending on the type of business you run and how much energy you consume. At Business Energy, we can help you decide which meter type your business needs.
Remember, if your business consumes more than 100,000 kWh of electricity per year, it is a legal requirement to install a half hourly meter.
Once you’ve chosen the type of meter you require for your business, your energy supplier can begin the process of installing your new energy meters.
Your supplier will assess what work needs to be carried out to install your new business energy meter and arrange a day for the installation.
Compare business energy prices to find the best deal
If you require a new energy meter, it’s important to compare business energy prices to ensure you will be on the best deal possible once your new meter is installed.
With Business Energy, you can quickly compare a huge range of energy suppliers giving you access to the best energy deals on the market.
Our energy experts use our strong relationships with business energy suppliers to help you find the right energy tariff for your needs at the lowest possible prices.
Once you’ve chosen the best deal for you, our team will even manage the entire switching process on your behalf, allowing you to focus on growing your business.
Business Energy Meter Installation FAQs
Why do I need my MPAN and MPRN to install my meter?
Your MPAN (Meter Point Administration Number) and MPRN (Meter Point Reference Number) are unique numbers which identify the property where you’re using your energy.
You can find your MPAN on your electricity bill and your MPRN and your gas bill. If you can’t find a bill or you haven’t been billed previously, you will be able to get the number from your current supplier.
Do I need a single or three-phase supply?
Single and three-phase supply refers to the voltage of electricity supply your business receives.
A single-phase supply is better suited to businesses that only need a small amount of power. For example, if most of your electricity is used for heating and lighting.
A three-phase supply can be used by high electricity consumption businesses such as those using heavy-duty machinery.
How long does it take to install a business energy meter?
Installing a new business energy meter can take around two to three weeks but the process can take up to 12 weeks if you are installing a meter for the first time or fitting a new connection.
If you are setting a meter up for the first time, you should start the process as early as possible to avoid any delays to your business operations.
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Percentage energy savings quoted are against customers who let their last contract renew automatically.