UK suppliers to pay customers for not using electricity – media – RT Business News

Octopus Energy and Ovo Energy expect their new programs to help reduce the risk of winter power outages

Customers of British energy providers Octopus Energy and Ovo Energy can get money back for not using electricity during times of high electricity demand, British tabloid The Mirror reported on Friday.

The two companies plan to launch programs to help Britain avoid outages during the colder months.

Earlier this week, Britain’s National Grid ESO warned that the country could experience a series of three-hour power outages this winter if the government is unable to secure enough gas imports and electricity. electricity.

Both energy providers said they would reward customers with smart meters for using less energy during peak hours. The two new programs are part of National Grid’s toolbox to keep the lights on this winter.

Under Octopus’ scheme, which is called Saving Sessions and will run between November 2022 and March 2023, customers will receive an average of £4 ($4.46) for each unit saved during the specific periods. This should save customers around £100 over the winter.

“Instead of shutting down swaths of the country if we run out of gas, we can reward people who use less energy during peak times,” said Octopus CEO Greg Jackson.

“We were the first energy supplier to offer this service to our customers, and we hope that others will follow our example. By doing so, we can make power outages a thing of the past and reduce costs for everyone. »

Ovo’s version of the scheme is a trial called Power Move. The energy supplier will reward customers up to £100 for shifting energy consumption to off-peak hours. The program runs from November 2022 to March 2023.

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