P272 Tag

As of 1st April 2017, the energy regulation P272 has come into force in the United Kingdom. Officially titled the Ofgem Balancing Settlement Code, this regulation has fundamentally changed the way more than 150,000 businesses in the UK are billed for their electricity use. All told, P272 represents a major step in the nation-wide smart meter rollout that is set to continue through to 2020. Read on to find out if and how your business or customers are affected, what it means for your energy bill, and what you need to know to come out ahead.