The ultrasonic heating and cooling energy meter SKU-03 is designed to measure and record heating and cooling energy consumption separately. It can be used for commercial metering of energy usage in residential and commercial buildings. The meter uses ultrasonic flow measurement and has features such as separate registers for heating and cooling, user-defined display parameters, pulse inputs/outputs, M-Bus and wireless communication, tariff functions, and data logging of hourly, daily and monthly consumption values. It has an accuracy of class 2 and measures energy in units such as kWh, MWh and GJ.