Plans to cut energy bills if peak-time use avoided
Plans to enable households to get discounts on electricity bills if they cut use at peak times are set to be announced in the next two weeks.
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The scheme would allow people to save cash if they avoid high-power activities, such as cooking or using washing machines, when demand is high.
It is understood the service is likely to apply to homes which have smart meters installed.
There are hopes it can be put in place this winter, with energy bills rising.
« We are developing a new service that will be availablefor consumers to benefit from across this winter and will be announcing further information soon, » a spokesman for National Grid ESO – which will run the scheme – said.
It is understood the company’s proposals of how it will work, such as how money will be paid back to customers, are expected to be revealed in the next fortnight, with consultations taking place with energy providers and the UK’s energy regulator Ofgem.
It has been reported that rebates for minimising the use of goods such as tumble dryers, dishwashers and games consoles during the peak hours of 17:00 and 20:00 could be as high as £6 per kWh saved.
National Grid ESO previously told the BBC the service is « not about energy rationing », despite fears over supplies, with Russia’s invasion of Ukraine affecting oil and gas supplies to Europe.
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