Originally written by Lawrence Gosling on Small Business
1.What is a smart meter?
Answer: A smart meter is the new generation of energy meters for the supply of gas and electricity, which are being rolled out around the whole of the Great Britain.
2. What do smart meters actually do?
Answer: Your smart meter measures how much gas and electricity you use and securely shares this directly with your energy supplier at least once a month. You won’t have to take any meter readings manually — your smart meter will send automatic readings to your energy supplier via the secure smart data network which is solely for smart meters. This works in a similar way as other wireless systems but does not use the internet.
3. Why do I need to accurately measure energy use in this way?
Answer: Knowing exactly how much gas and electricity your business has used allows you to know exactly how much you need to pay to your energy supplier. This means rather than paying for your energy on an estimated basis , you can pay the precise amount. This helps with any business’ cash flow, which is obviously very important during a challenging time such as Covid 19.
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