The UK energy market is undergoing one of its most significant transformations in decades — and at the heart of this change is Market-Wide Half-Hourly Settlement (MHHS).
But what is MHHS, and why should your business care?
⚡ What is MHHS?
Market-Wide Half-Hourly Settlement (MHHS) is a programme led by Ofgem to modernise the way electricity consumption is recorded and billed across Great Britain. It will require all electricity usage to be settled based on half-hourly data, using smart meter readings.
Previously, only large businesses or those with specific meters were settled this way — now, MHHS will apply to all customers, including SMEs and microbusinesses.
🧠 Why Is It Being Introduced?
The aim is to create a faster, smarter, and more flexible energy market that reflects real-time electricity usage. This supports the transition to a low-carbon grid and encourages energy efficiency.
MHHS will:
- Enable more accurate billing based on actual usage
- Encourage off-peak energy use through dynamic pricing
- Help integrate renewable energy and electric vehicles (EVs)
- Improve competition among suppliers, benefitting consumers
🏢 What Does MHHS Mean for Businesses?
For your business, MHHS means:
- Greater control over your energy costs
- Opportunities to shift consumption and save during off-peak hours
- The need for a fully functioning smart meter to provide half-hourly data
- Potential for more tailored energy contracts based on real usage patterns
🛠️ How Candid Technology Ltd Can Help
As experts in utility consultancy, Candid Technology Ltd helps businesses:
- Prepare for MHHS by ensuring smart meter compliance
- Analyse half-hourly data to optimise usage and tariffs
- Work with suppliers offering dynamic or flexible pricing options
- Understand new billing models and avoid overpaying during the transition
📆 When Will MHHS Be Implemented?
MHHS is expected to roll out in phases, with full implementation targeted for October 2026. Businesses should begin preparing now to take full advantage of the opportunities and avoid any disruption.
📞 Ready for the Future of Energy?
Don’t wait until it’s mandatory — get ahead of the changes with expert support. Contact Candid Technology Ltd today for advice on MHHS, smart meter setup, and energy contract optimisation.
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