British Gas, Octopus Energy & E.On to give Brits £100 to reduce electricity use

Octopus Energy, OVO Energy, British Gas and E.On are set to pay customers up to £100 to not use electricity.

The scheme is designed to encourage people to switch their electricity which aims to avoid blackouts this winter.

Most use electricity at similar times with a spike in the evening when people get back from work and start cooking.

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Now several firms have either signed up to the National Grid's scheme or created their own, reports LiverpoolEcho.

A number of the biggest companies in the UK aim to pay customers to stop using their electricity as a result.

OVO Energy

In October, the company announced the launch of Power Move to reward customers up to £100 in total.

The scheme gives people money for moving non-essential energy use to times when the grid is less congested.

OVO used customer data to determine between 4-7pm is usually when demand on the grid is the highest.

Around £20 will be rewarded for each month this is achieved on average.

The trial started on November 1, 2022, and will end on March 31, 2023.

British Gas

The firm intends to sign up to the National Grid's scheme but hasn't confirmed any details.

Customers will likely be asked to reduce electricity use by around 30% between 4-7pm.

E.On

E.On Next invited customers to sign up to its scheme.

It said households will see savings of £100, based on £3 per kWh, if they reduce their energy usage 29 times.

Credit will be paid into their energy account.

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Octopus Energy

Octopus Energy is thought to have started to sign up customers to the National Grid scheme.

"Saving Sessions" will allow Octopus' 1.4million smart meter customers to reduce their usage during peak times.

It expects to pay customers £4 on average, with a potential saving of around £100 over winter.

The scheme will run between November 2022 and March 2023.

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