url2: http://newsformal.com/us/news-32360946Full list of energy companies offering money back on Demand Flexibility Service | United States

Full list of energy companies offering money back on Demand Flexibility Service

  • 📰 Daily_Record
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 89%

United States News News

United States United States Latest News,United States United States Headlines

Full list of energy companies offering money back as part of Demand Flexibility Service

Several energy suppliers are taking part in the National Grid Electricity System Operator trial which could see households paid for reducing electricity use during peak hours.

The trial will run from November to March, with households being paid around £4 for every unit of electricity that they reduce their consumption by during specific times - although the exact rate depends on your supplier. Raman Bhatia, CEO of OVO, comments: "We're pleased to be joining the National Grid Electricity System Operator's Demand Flexibility Scheme and launching another trial which rewards customers for their efforts in making small but significant changes to the way they consume energy."

The third is a notification asking participants to reduce their energy, and will see them earn a minimum of £1 for every kWh shifted below their personal target. Octopus Energy: Octopus Energy, which piloted the money-back scheme earlier this year, was the first supplier to officially sign up to the new National Grid in November.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines