An electricity supplier has announced a plan to save UK small and medium-sized enterprises millions of pounds using smart metering technology.
Opus Energy's £5m plan to give its more than 40,000 customers energy-saving smart metres from IMServ, is aimed at improving the accuracy of billing by enabling the utility company to access readings remotely.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
The company said figures released by The Carbon Trust show that smart meter technology has the potential to save UK SMEs £300m a year.
Charlie Crossley Cooke, managing director of Opus, said, "Smart meters will not only improve the accuracy of bills, but the technology will also save time and money as well as help to reduce climate change."
Last year, enterprise minister John Hutton came out in support of an accelerated deployment of smart meters within seven years to tackle climate change.
He said smart meters gave clearer information to customers about how much energy they are using and how much it is costing them, encouraging them to cut their energy use.
The government is expected to reach an official position on smart metering on the £6.1bn scheme early this year.