Installing a second electric meter can be a strategy to save money on your electricity bill if you are a business that uses a lot of electricity.
In general, companies are obliged to take electricity at the market rate, which may be higher than the base rate. However, by installing a second electricity meter, you can benefit from a more advantageous base rate for part of your electricity consumption.
Here are the steps to install a second electricity meter:
Contact your electricity supplier: Start by contacting your electricity supplier to find out if it is possible to install a second electricity meter and what the associated costs would be.
Evaluate your electricity consumption: Determine how much electricity you use to know how many kilowatt hours you can allocate to the base rate.
Plan the installation: Once you have an idea of the associated costs and electricity consumption, plan the installation of the second meter with your electricity supplier.
Monitor your bill: Once the second meter is installed, carefully track your electricity bill to see the savings you have made by using the base rate.
Note that electricity rates vary by region and provider, so it's important to do thorough research to determine if installing a second electric meter is cost-effective for your business.
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