UK’s biggest energy supplier is paying customers to use less electricity tonight
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THE UK's biggest energy supplier is paying customers to use less electricity tonight. Octopus Energy is encouraging customers to cut back on their electricity use during a one-hour window today. From 4:30 PM to 5:30 PM tonight (January 22), customers who opt into Octopus Energy's "Saving Sessions" scheme can earn credits for reducing their energy consumption compared to their usual usage.
For every kilowatt-hour (kWh) saved, participants will pocket 448 points, worth 56p. The scheme, part of Octopus’s broader effort to balance the grid and tackle energy waste, was announced earlier today on the supplier’s social media. Customers were urged to log in to their online accounts and opt in via the Octoplus tab.
This isn’t the first time Octopus Energy has introduced innovative schemes to help its customers save money while supporting the energy grid. Last year, the company launched “free electricity sessions” during periods of negative wholesale prices.
These events, which occurred during times of surplus renewable energy, allowed customers to use electricity for free and even receive credits for increasing their usage during the designated hour. For instance, if Octopus ran 14 such sessions over the course of a year, customers who took full advantage of the scheme could save around £17 on their annual energy bills.