Understand how changing to half-hourly settlement on your metre can benefit your business.

1. Ofgem
P272 Modification
How changing to Half-Hourly
Settlement on your meter can
benefit your business
www.energyteam.co.uk

2. What is P272
Modification and why is
it being introduced?

3. It forms part of the Smarter Markets
Programme which is designed to make
businesses more accountable for their
energy usage
The modification will affect approximately
155,000 businesses in the UK
Those businesses that fall into the 05-08
profile class with Non Half-Hourly settlements
will have to change their metering to Half-
Hourly settlement

4. When will the P272 come into play?
Any new business contract or renewal
for those in 05-08 profile class will have
to run with Half-Hourly settlement from
the 5th November 2015
All affected organisations must have
switched to HH settlement by 1st April
2017
Introduced 5th
NOV 2015

5. Switching to HH settlements means charges are
based on actual rather than estimated consumption
By having more accurate data about your
energy consumption, you can make better
decisions
Your business
could be
saving money!ACTUAL
CONSUMPTION
ESTIMATED
CONSUMPTION

6. What impact will the
P272 modification have?

7. Your business can better understand the
factors that drive your energy usage
You can identify and respond to
consumption outside of your normal
tolerances
You are able to use accurate monitoring
and up-to-date data to guide your future
strategy
You enabled to review your
consumption patterns and tolerances
at any time
Your making the move away from peak
charging times and making way towards
lower energy costs
Five benefits of P272 modification

8. The role of Demand-Side Management for energy supply
All businesses using a significant amount
of electricity should explore DSM in order
to combat spiraling third-party charges.
The National Grid are expected to buy
between 30-50% of supply by 2020 and
invest roughly £400m.
This offers real opportunities for
businesses; as either an income stream,
or to simply to become more efficient.
30-50%

9. How an Energy Broker can help you out
Brokers can assist you with your meter change so you can
pick the most suitable Meter Operator Contract and Data
Collector.
They can collect data to establish the ‘shape’ of your
consumption; is it smooth or ‘spikey’? Are the spikes in your
energy consumption during high charging periods? Or is a
machine being left on over the weekend?
They identify all the new data available on your
consumption, highlight issues and inconsistencies, and
indicate further opportunities for cost savings.

10. Brokers help source and negotiate the best energy contract for
you. They use their additional knowledge and expertise to
understand the ‘shape’ of your consumption and advise you
accordingly.
They check that your business’s energy invoices have been
filed correctly. Brokers also check for any non-energy charges
because sometimes your bills can get more and more
complex.
They give you pre-warning about Triads (November –
February) where energy costs are higher.
How an Energy Broker can help you out

11. Download our free eGuide now:
Ofgem P272 Modification
How half-hourly settlement
can benefit your business
Download eGuide Here