The government have launched a new consultation on smart metering policy proposals in an effort to improve the benefits of the technology for SME's. Smart meters measure how much gas and electricity you’re using, as well as what it’s costing you and display this on a handy in-home display. They are expected to help to control and manage energy use, save money and reduce emissions.

The commercial smart meter covers around three million meters in two million premises, the majority of which are small and medium enterprises (SMEs) and microbusinesses.

The Department of Business, Energy and Industrial Services reveal that the roll-out could help businesses save around £1.4 billion by 2030. 'BEIS', therefore, aims to promote the benefits of smart meters among businesses and develop a framework that will enable better engagement. 

The consultation, which will run until 21st February 2019, proposes two policy changes focused on the smaller end of the non-domestic market, which is not covered by some of the protections available to households, yet not big enough to benefit from some of the brokerage services and deals that more energy-intensive businesses use.