What savings can be made with water deregulation?

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Our research shows that the current standard tariff from the most expensive provider to the cheapest supplier is different by 57%. To see what savings you can make on your water bills, email a copy of your current water bill to water@smarterbusiness.co.uk.

Who can benefit from water deregulation?

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Currently only larger businesses (using more than 5 mega litres) in England have a choice in their water supplier. However, as of April 1st 2017, the water market is set to open to all businesses, allowing them to choose their own water supplier.

When is England’s water supply set to be deregulated?

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The water market for non-domestic users in England will be deregulated on 1st April 2017, giving businesses the opportunity to reduce costs on their water bills.

When must P272 be implemented?

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The P272 proposal that has been approved by OFGEM requires these changes to be in place by April 2017 for class 05~08 meters. These are non-domestic energy consumers and the class number depends on the peak load factor.

Find out more about P272

What is P272?

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To quote OFGEM, the industry regulator: “The electricity settlement process set out in the Balancing and Settlement Code (BSC) places incentives on suppliers to buy energy to meet their customers’ demand”  and  “Suppliers have a licence obligation to supply larger non-domestic customers in Profile Classes 5-8 through an advanced meter that can record half-hourly consumption. BSC Modification Proposal 272 would require that these consumers are settled using their half-hourly data.”.

Find out more about P272

How is my energy bill broken down?

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Your energy bills will differ between suppliers but ultimately they’re all similar and contain the same information. If you are struggling to understand your energy bill, download our Understand Your Energy Bill document where we have shown a sample bill and described all the key elements.

How far in advance of my energy contract renewal can I get prices?

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You can be placed into a new contract 120 days before then end of your current one. Bearing in mind that it can take 28 days to process and as such it is not advisable to leave it until the last minute.

What is a ‘verbal energy contract’?

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Verbal energy contracts are not memorialised in writing. Instead, they are recorded on our system and they can be made freely available at your request.

How do I locate my energy meter details?

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Meter information is usually held on your current suppliers bills, however, you are able to identify your meter details by reading the number directly of the meter.

How can Smarter Business help me in reducing my energy usage?

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Smarter Business have the capability of providing full energy efficiency audits which identify areas of energy reduction/usage in order to drive down costs as well as improve on carbon emissions. Additionally, a fully metered site can take advantage of the Smarter Business Dataview software which enables an end user to monitor and compare energy usage continually.