The 7 best things about having a smart meter - according to our business customers
Loads of our business customers are loving life with a smart meter.
We know they bring some great benefits - like making things cheaper, greener and easier.
But we wanted to get the inside story on what smart life is like for businesses. So, we've been asking you what you like about it the most.
Here are the 7 best things about going smart - according to you.
1. You're saving money on your energy bills
Our customers are always telling us that this is the biggest benefit of having a smart meter.
Going smart lets you monitor your usage in loads of detail. You can understand when you’re using most energy and cut things down accordingly.
Patterns, spikes and anomalies in your consumption will be clear to see - making it easy to save money by tweaking your habits.
Having this oversight of your usage puts you in control of your energy bills.
2. Your online dashboard helps you understand your usage
Smart customers have access to an online dashboard. We put all of your usage info in here, split into 30 minute periods. This gives detailed insights into your usage habits.
Lots of our customers make checking this a part of their daily routine. That way, they stay right on top of what they’re using.
Most say that, when they see spikes in usage, they can tell where it's coming from. That means they can respond by turning the source of the spike down or off. Which is good for the environment and great for their bills.
We also help you track how your usage changes over time with week-by-week comparisons.
Plus, if you have a cheaper night rate, it’ll help you to see whether you can move more usage off-peak.
3. Sending in your meter readings is a thing of the past
Businesses have enough to think about.
Hunting down your meter in a dark cupboard to take readings each month needn’t be an extra job.
Our customers don't miss fumbling around with a torch, trying to decode the dials on their meter. Or knocking on their neighbour's door to ask to take a reading.
Smart meters send us readings automatically, so you don’t have to.
That means one less job for you - and fewer meter reading reminder emails for your inbox.
4. Your bills are always accurate, which puts your mind at ease
With a smart meter, your bills are always correct.
We don’t base your statements on what we think you’ve used, because we always know your exact readings. Plus, there are no estimated readings when you move premises, change supplier or renew your contract.
Readings from a smart meter update every half-hour, so your account is always up to date.
5. Smart meters unlock other exciting benefits
We’ve created products that reward smart customers for using clean, green energy.
Having a smart meter lets you access these and enjoy the benefits.
Saving Sessions
Saving Sessions rewarded business customers for using less energy at the busiest times of day.
Head to our Savings Sessions review blog to learn about how our customers tweaked their habits to save money on energy bills.
Panel Power
Panel Power is for small and medium-sized businesses with solar panels. We pay them 15p per unit of energy they export.
Pop over to our Panel Power page to find out how it works.
Wheel of Fortune
You’ll get an extra spin on our Wheel of Fortune. That means double the chance of winning big money for your business account.
Our Wheel of Fortune page has more info.
6. You're part of the movement for a greener energy system
Smart meters unlock a smarter energy future. One where we can all enjoy the advantage of cheap, clean, and abundant power from the sun, the tides and the wind.
By getting a smart meter, you’re not just increasing the efficiency of your business - you’re also modernising the UK energy system. We’ll all become greener, more efficient and cheaper to run.
You’ll also be able to track environmental information, like your carbon footprint reduction.
7. Upgrading is free and easy
New smart meters are completely free of charge. That means our customers get energy savings and extra convenience at no cost to you.
Plus, the installation’s a breeze.
To get one, all you need to do is choose a date and time from the options available. We sort the rest.
On the day, the engineer needs an hour per fuel to install your meter.
After that, you’re good to go!
You can join the 1000s of other Octopus business customers enjoying these benefits.
All you need to do is let us know you'd like a smart meter of your own.
Published on 13th March 2023 by:
Hey I'm Constantine, welcome to Octopus Energy!
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