Commercial Electric Meter Installation

Single-rate meters are the most popular type of electric meter, commonly used throughout many commercial spaces. These meters offer users a single fixed rate, regardless of the time or day. This is the preferred meter of choice for businesses with a constant flow of traffic or those with considerably busier daytime periods. For example, office spaces, coffee shops and cafes.

As the name points out, these electric meters have two different usage rates for peak and off-peak hours. They are typically referred to as Day, Evening and Weekend meters, where users will have cheaper rates during an allocated evening period and over the weekend. The specific times of such are determined by your electricity provider, however, they typically fall anywhere between 8 p.m. and 7 a.m.

With peak or daytime energy consumption often a lot more expensive with these meters, they are best suited to pubs, late-night restaurants and takeaways, any establishment that receives more traffic during these periods.

With a three-rate electric meter, as well as the peak and off-peak split monitored by two-rate meters, there is an additional super off-peak period during the nighttime hours, with even cheaper electricity rates. Although the specific hours are similar, if not identical to two-rate meters, again, it is recommended to consult with your energy provider to see when those times are.

This meter offers even greater flexibility with your energy usage, with the potential to bring significant savings to businesses with greater nighttime activity, like nightclubs and bars. Both three-rate and two-rate electric meters are also frequently referred to as time-of-use meters.