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The Ontario Energy Board in August 2009 nullified all landlord submetering and allowed future submetering only upon informed tenant consent, including provision of third party energy audits to tenants to enable them to judge the total cost of rent plus electricity. [8] Some submetering products connect with software that provides consumption data.
He founded Octopus Energy – a subsidiary of Octopus Group – in 2016, and by 2021 the company was valued at over $5 billion. [7] The company is now the second largest energy supplier in the UK, and has expanded to other markets including Japan and Australia. [10] [11] [12] The Financial Times reported in 2023 that "Octopus’s credentials as ...
Octopus Energy Group is a British renewable energy group. It was founded in 2015 with the backing of Octopus Group, a British asset management company.Headquartered in London, the company has operations in the United Kingdom, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States.
A meter operator (MO or MOP) in the UK energy industry is an organization responsible for installing and maintaining electricity and gas meters. Since 1998 there has been full competition for meter operators, allowing the meter operator for a particular supply to be contracted with the energy supplier by either the supplier's discretion or at the customer's direction.
To do so, they employ a meter administrator [18] [19] who will use daily data from a photo-electric control unit (PECU) array which is then used to calculate the energy consumption. A PECU array is a device that holds a representative number of the photocells that authority uses on their street lights or traffic signals. [ 20 ]
Octopus Energy was established in 2015 as a retail electricity and gas supplier in the UK, and by December 2019, had over 1.35 million domestic and business customers. . Under the Octopus Energy Group brand, it has expanded into energy for business and energy services, and licences its customer handling software to other energy supp
The EAC is initially provided by the supplier, and thereafter forecast based on actual meter readings. Data from the Data Collector (EAC/ AA's) is provided to the non-half-hourly data aggregator, which aggregates the individual values provided into a single figure split in a number of ways e.g. geographically or by supplier.
The term smart meter often refers to an electricity meter, but it also may mean a device measuring natural gas, water or district heating consumption. [1] [2] More generally, a smart meter is an electronic device that records information such as consumption of electric energy, voltage levels, current, and power factor.