It's being set up to prevent blackouts this winter
As the cost of living crisis continues to affect families across the country, energy firms are rewarding customers up to £100 for not using power at times of peak demand. The scheme is being set up to prevent blackouts this winter, after the National Grid Electricity System Operator said Brits could face three-hour planned power cuts if there is a shortage of gas.
Some are launched under the umbrella of Ofgem's official Demand Flexibility Service, but many energy firms have unveiled their own schemes. The ESO says taking part could save the typical household £100 this winter - but you need to have a smart meter to take part. Octopus says households could save £100 in total over winter, based on their electricity use being reduced by 1kWh once or twice a week, up to around 25 times. The money will be paid as "OctoPoints" which you'll be able to redeem to your energy account as credit in pounds.
The new Power Move trial will run from November to March as well, meaning OVO households can also get up to £100.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Simple Martin Lewis energy tip can save houses £100 this winterThis boiler hack can save households money as the weather gets colder
Read more »
Martin Lewis urges everyone to try boiler tip that knocks £100 off energy billsThe Money Saving Expert founder said 'it can cut £100 a year off your bill and is well worth everyone doing.”
Read more »
I was hit with £100 parking fine even though I paid for a ticket TWICEA PENSIONER was slapped with a £100 parking fine even though he paid for a ticket twice. Anthony Birch went shopping with his wife back in October where he attempted to pay for the £1 parking throu…
Read more »
Martin Lewis' boiler tip that can 'knock £100 off your energy bill'The Money Saving Expert founder said 'it is well worth everyone doing'
Read more »
Martin Lewis reveals simple boiler trick to knock £100 off your billsAs the cost of living crisis continues to grip the country, people are looking to Martin Lewis to help manage soaring bills Thankfully, the money saving expert has delivered, and revealed a little-known boiler hack which can save us cash.
Read more »
Recession fears end jobs boom as firms freeze hiring and wage hikes slow🔴 Economic uncertainty and the prospect of recession have led to many employers freezing jobs and persuading staff to remain in current jobs
Read more »