Firms looking to benefit from cheap energy bills could fit smart meters to collectively save billions of pounds, it has been suggested.
Siemens Metering Services has explained how using the devices can help companies monitor their fuel usage, providing an incentive to generate cheap energy bills by reducing unnecessary usage.
"We have seen customers, where they have been really focussed on the information that is provided, certainly save in excess of five per cent - which on a multi-million pound fuel spend is not to be sniffed at," commented spokesman Andrew Gore.
In related news, National Grid firm OnStream recently launched a new advanced smart meter that uses Bluetooth technology to send data to energy suppliers and works independently from the electric meter.
The government has called on all small and medium-sized companies to use the gadgets by 2020.
Meanwhile, Google recently launched a free energy monitoring tool called PowerMeter that helps computer users view their energy sage while online.
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