Benefits of smart meters for businesses

There are a number of benefits of smart meters for both businesses and retailers.

Benefits include:

  • More accurate bills
  • Being able to view usage
  • Opportunities for cost savings
A picture of a digital water meter showing a reading

Reducing long unread meters

Free meter readings are provided monthly, making sure business accounts have an up-to-date billable read. 

This reduces the need for estimates and lowers the number of long unread meters.

Improved efficiency and sustainability

Smart meters provide insights into usage patterns.

This allows businesses to optimise their operations, reduce usage and meet sustainability goals.

Accurate billing

Smart metering removes the need for estimated billing. This makes sure that businesses only pay for their actual usage. 

This helps improve budgeting, forecasting and financial management.

Leak detection

Real time monitoring helps businesses find leaks or unusual water usage earlier. This therefore reduces waste and lowers bills.

Digital data services

Businesses can apply for digital data services. This will help them to monitor their water usage and become more efficient.

Reporting and visibility

Businesses can track the progress of meter installations through the [MOSL live dashboard and mapping system].