Business,Gas,Smart,Metering,Sm DIY Business Gas - Smart Metering
Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in When starting a new work at home business it is very easy to become consumed by it. We spend so much time trying to get the business up and running that we may end up becoming burned out and lose our motivation. There is so much to learn and
Smart meters are being introduced toprovide consumers with more information about their energy usage,which should help to reduce energy consumption and the carbon impact.Although primarily applying to domestic customers, the roll out ofsmart metering will also incorporate 2.2 million electricity and 1.5million gas sites for non-domestic customers. For businessgas and electricity users, smart meters will allow fordata to be communicated to energy suppliers, allowing for moreaccurate and timely billing. The technology will permit meters toconnect with other electronic devices, such as telephones andcomputers, which will in turn give consumers the opportunity to availof optimal pricing. Smart meters will be usable between suppliers,which will mean customers being able to switch suppliers, should theywish to do so. In addition, smart metering will allow suppliers toenable and disable electricity remotely and accurately calculateFeed-in-Tariff (FIT) for any excess electricity sold back to thesupplier. With smart metering, the hope is thatusers will take steps to reduce consumption, when it becomes possibleto identify wasteful practices. Ofgem conducted a trial of 18,000households over a two-year period, which found that participantsreduced their energy consumption by approximately 3%. The Governmentactually expects the reduction to be lower in practice, as the Ofgemgroup were voluntary participants with a potentially greater interestand commitment to reducing energy waste. The Government believes thatsmart metering will result in a 2.8% reduction in electricity and 2%decrease in gas consumption. However, it is also possible thateducation may further increase efficiency of energy usage. Asub-group of the Ofgem trial were given written advice about savingenergy, as well as using the smart meter and results found that theirreduction in energy usage was 5%, almost twice as high as thoseprovided with just smart meters. Currently some business gas andelectricity customers already utilise advanced meters. However,according to Ofgem, smart meters will contain additionalfunctionality that should improve service and choice for customers. The regulator has said that there will be a small increase incustomers bills initially, but that the net benefit tonon-domestic customers will be approximately £100 per annum by 2020. The implementation of smart metering is expected to cost £11.7billion but the DECC has estimated that the overall financialbenefits, including the cost of implementation, will eventually be inthe region of £7.1 billion. These savings are expected to be aconsequence of companys not requiring people to read metersmanually. The DECC has come in for some criticismfrom the Public Accounts Committee and consumer groups, however. Thecommittee expressed its doubts that the timetable for implementationof smart metering was realistic and also whether suppliers would passon savings to customers. A spokesperson for the department agreedthat the timetable was ambitious, although the planned end date of2019 is still the goal. Currently energy providers are focusing onrolling out smart meters for electricity customers, with domestic andbusiness gas customers due to receive smart meters thereafter.
Business,Gas,Smart,Metering,Sm