personal finance

British Gas will pay you to reduce energy usage tonight in Demand Flexibility Scheme


has confirmed it will take part in the latest ESO Demand Flexibility Service event this evening, offering customers another chance to save money on .

The event will take place today (December 12) between 5pm and 6pm.

British Gas will inform its 425,000 customers who have signed up via its PeakSave scheme about how they can take part in the event and save by reducing their usage at this time.

British Gas said it passes on 100 percent of the money it is paid by National Grid for each kWh saved, which sees customers being paid £3 per kilowatt-hour (kWh) saved during the event.

PeakSave winter events help to ease the strain on the UK’s energy grid at peak times by shifting usage. The goal is to use 30 percent less than normal during the event, but customers will earn money however much they save.

PeakSave Sundays

British Gas customers signed up to PeakSave not only benefit from the potential savings in the ESO scheme but are also given half-price electricity on Sundays.

Customers have until December 17 to sign up for an additional offer of half-price electricity on Christmas Day this year.

According to British Gas, its PeakSave customer base is growing fast as customers are looking for new ways to save on their energy bills whilst contributing to a greener grid.

Customers are rewarded with 50 percent off all electricity between 11am and 4pm every Sunday. The discount is available to new and existing PeakSave customers, and all savings appear as a credit on customers’ energy bills.

Readers Also Like:  Some Treasury bills are now paying 5%. Here's what investors need to know

There is no obligation to shift normal activities on the scheme, but households can save more by doing more energy-intensive tasks on a Sunday.

Over 60 tonnes of carbon emissions have subsequently been saved, further contributing to a “greener grid”.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.