Why do it:

Installing metering systems gives organisations accurate visibility of where and how energy is consumed, enabling cost allocation, compliance with ISO 50001, and evidence for audits. It supports transparency, carbon reporting, and continuous improvement by verifying the impact of efficiency projects, while also strengthening credibility with clients and regulators.

Typical Savings:

• Basic sub‑metering: ~5% reduction in energy bills.

• Smart metering with dashboards: 10–15% reduction.

• For an SME spending £50k annually → £2,500–£7,500 saved per year.

• For an industrial site spending £250k annually → £12,500–£37,500 saved per year.

Typical Costs:

• Rule of thumb: £800-£1,500 per Meter

• Electric meters (industrial, 3‑phase, MID‑approved): £150–£250 each.

• Gas meters (commercial, pulse output): £300–£500 each.

• Installation: £150–£250 per electric meter; £250–£400 per gas meter; plus £500–£1,000 for integration.

• Software licence: £500–£1,000 per year for SME dashboards; £1,500–£3,000 per year for ISO 50001‑ready enterprise platforms.

• Ongoing costs: £900–£3,800 per year (maintenance, calibration, comms, software).