COVID-19 has been a hugely challenging time for small businesses across Great Britain. As firms begin opening up amid continuing restrictions, many are assessing their financial situation and focusing on how to operate in this difficult and new trading environment.

At a time like this, many businesses are looking for ways to save money and create a healthier bottom line. The good news is that there are lots of small changes you can make to your business that can add up to a big difference.

 Energy is a key expense that businesses need to factor into their outgoings. So, a great way to gain more control and to understand how much energy you’re using, identify ways to reduce your consumption and therefore save money, is by requesting a smart meter installation from your energy supplier.

 

What is a smart meter?

Smart meters replace the traditional meters we currently have in our homes and businesses. They are available for many businesses and give you accurate bills. This also helps you to keep better track of your energy spend and gives you the information you may need to reduce your consumption.

The smart meter rollout is an essential technology upgrade, to improve Great Britain’s energy infrastructure. More than 17.4 million smart meters have already been installed in homes and small businesses.

 

Getting a smart meter for your small business

If you’re a small business with fewer than 10 employees you may be eligible to upgrade to a smart meter between now and 2020. This includes small businesses with separate business premises. If your business is based at home and uses a separate gas or electricity meter you may also be eligible. For more information on eligibility please visit the Smart Energy GB website.

As well as managing your budgets more easily, a smart meter can help with any potential disputes over energy bills. If you currently rent your business space, but don’t have your own gas or electricity meter, speak with your landlord about getting a smart meter for your building. Contact your energy supplier about eligibility to get a smart meter installed.

Make one small step towards taking back control today. Contact your energy supplier to find how smart metering can work for your business or visit Smart Energy GB’s website to find out more information. Eligibility may vary.

 

 

 For more information on how to become a more sustainable independent retailer, visit our Sustainability Hub

Additional Guidance and Resources