Half-Hourly Meters
Finding the right electricity tariff can be challenging for a large business. Part of this challenge can be finding the right half-hourly meter supplier.
If you have an annual electricity usage of 70,000 kWh or more we can help you source great value tariffs and even offer free half-hourly meter installation when you switch with us.
Trusted Suppliers, Competitive Utility Deals.
Half-Hourly Meter Suppliers
At Neom Utilities, we work with trusted half-hourly meter suppliers to help you find a tariff that meets your needs.
Many suppliers offer specialist services to large usage businesses to help them make the most of their energy usage. This can include advice on energy efficiency or the ability to sell electricity back to the grid.
Here, you can find information on a selection of half-hourly electricity suppliers and start your quote to get the latest half-hourly prices.
Trusted Suppliers, Competitive Utility Deals.
What Is a Half-Hourly Meter?
A half-hourly meter (also known as an HH meter or 00 meters) takes automatic meter readings of your electricity usage every 30 minutes and sends them directly to your supplier so there’s no need to provide manual readings.
Half-hourly meter readings help your business avoid overcharges and back-billing.
Half-hourly meters are also required if you want to join the government’s Smart Export Guarantee scheme, where you get paid for exporting low-carbon electricity back to the National Grid.
When you get a half-hourly meter quote from Neom Utilities, you can speak to one of our experts about how the process works.
They’ll cover who will install your half-hourly meter and when it can be done by. We’ll always provide you with a clear timeline so you can make any adjustments necessary.
Half Hourly Meters Explained
Half-hourly meters are mandatory for any business in the UK using at least 100,000 kWh (kilowatt per hour) of electricity each year. If your company has a 05, 06, 07 or 08-meter profile, you will also need to switch to half-hourly metering.
If your business has a usage of 70,000 kWh or more each year, you can opt to install a half-hourly meter.
What Are the Benefits of Half-Hourly Metering?
The most immediate benefit you’ll notice from a half-hourly meter is that all electricity readings are automatic, meaning you’ll never need to go through the trouble of recording or sending your readings to your supplier.
With accurate billing, your business is much less likely to be charged incorrectly for the electricity you use. Your usage will also calculate any future Electricity quotes you receive. Accurate, half-hourly readings can allow you to access better deals than an estimate of your usage.
How to Compare Half-Hourly Meter Tariffs
If you already have a half-hourly meter installed, it’s still important to compare prices to find the best deal available to you.
For high energy usage businesses, it’s vital to ensure that you’re on the right tariff to avoid overpaying for the electricity you use.
At Neom Utilities, we make the process of comparing half-hourly electricity tariffs simple. All you need to get your online quote stated is your postcode.
If you need a new half-hourly meter, our Electricity meter installation service can get you up and running.
To view the latest half-hourly tariffs:
To start a new meter installation:
Who Is Classed as a Large Energy User?
Despite businesses coming in all shapes and sizes, energy suppliers separate them into two categories - standard Energy users and high-consumption energy users. The high consumption category means you’re classed as a large business.
As large business customers require a higher demand for the energy grid, energy suppliers treat them differently than other businesses.
You’re considered a large Energy user if you meet one of the following:
- High Gas Usage
You’re classed as a large energy user if your annual gas usage exceeds 200,000 kWh. - High Electricity Usage
You’re considered a large energy user if your business uses 55,000 kWh of electricity or more each year.
Half-hourly metering also gives you a much clearer picture of your electricity usage. You can review precisely when your business uses the most electricity by analysing your consumption data and working towards operating more efficiently to reduce your bills.
Half-hourly metering will make it much easier for your business to analyse the impact of any energy-saving measures put in place.
To get a new deal for your existing meter:
Don't have a half-hourly meter? Control your bills with accurate readings.
What’s Different About Large Energy Contracts?
High-Usage Contract Types
Fixed Rate
You can lock in your energy prices for up to five years. This is great for businesses planning their outgoings and protects them from wholesale energy prices.
Variable Rate
A flexible rate means your energy price will change in line with the wholesale energy market. You will benefit from price drops but may experience price increases anytime.
Interruptible Contract
These contracts tend to be cheaper due to the fact that the National Grid and local authorities will be able to shut off your supply during peak demand periods. If you continue to use energy during this period, you will be charged a higher rate.
Factors That Can Affect Your Contract
As a large consumption energy user, some factors that are different from traditional Energy contracts come into play.
Peak Demand
This limits the amount of energy your business can draw from the national grid daily. Exceeding this amount can result in heavy fines. Check this amount with the energy supplier before the contract signing.
Large site peak-day demand
This refers to the sum of the Supply Offtake Quantity (SOQ) and can also be referred to as the Maximum Daily Quantity (MDQ). This dictates the maximum daily consumption allowed for any individual meter. If you exceed your allowance you may be fined.