YOU AND P272
07th April 2016
What is P272?
P272 aims to make settlement and billing more accurate by changing the settlement for Meters with a Profile Class of 05, 06, 07 and 08 (also known as Maximum Demand Sites). From November 2015 onwards, they will be settled on their actual recorded half-hourly consumption, as opposed to an estimate based on the typical customer within the relevant Profile Class. This should make your bills more accurate.
Does P272 affect me?
If your meter is profile class 05 - 08 then you will be affected by P272. You can find the profile class on a recent bill.
What do I need to do?
If your site already had an advanced meter installed before 5 November 2015 we will move you to half hourly settlement. If your site does not currently have an advanced meter, then we will contact you to arrange a meter installation. We will appoint a Data Collector (DC) and Aggregator (DA) on your behalf, but you will have to select an accredited Meter Operator (MOP).