THE UK’s biggest energy supplier is paying customers to use less electricity again from this week.
Octopus Energy is bringing back its popular Saving Sessions for customers.
The scheme is a way for customers to earn rewards by reducing their electricity consumption during specific times when the national grid is under pressure.
Over the summer, households have a chance to use their washing machine and charge their devices for free if they shift their usage from peak times.
Octopus said the free electricity will be available during one hour slots that will usually be held in the early afternoon.
To be eligible for the scheme, you must be an Octoplus member, which is a free rewards program for the smart meter customers.
The energy supplier said nearly one million eligible customers from last year have been automatically opted in.
New customers can sign up via the Octopus Energy app or online
Households will get a notification the day before a Saving Session letting them know the event is about to start.
Octopus will use historical smart meter readings to work out a customer’s typical energy use at that time of day.
If the session is on a weekday, the calculation will look at half-hourly usage over the last 10 weekdays.
If the session is at the weekend, then it will look at half-hourly usage over the last four weekend days.
The figure is then used as a baseline – any power used above that baseline will be free.
Rebecca Dibb-Simkin, chief product officer at Octopus said: “Calling all spenders and savers, grab your kettles and get those toasters ready cause we’re bringing back ‘Saving Sessions’.
“This time, we’re chuffed to offer even more fun, flair and fabulous prizes.”
Customers also have a chance to win prizes if certain targets are met, including a pink octopus toy and an electric car.
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.
ENERGY SAVING SCHEMES
ScottishPower offers half-price electricity at weekends to its smart meter customers on both Saturday and Sunday.
Those registered for Power Saver will receive the discounted rate every Saturday and Sunday between 11am and 4pm.
Scottish Power will then credit your bill with money you’ve saved.
To join the scheme you will need to have a smart meter and then register for the scheme online.
You can register online by visiting /www.scottishpower.co.uk/login?go=/hem/power-saver-eligibility-checker.
For every month a customer’s peak energy usage is less than 15% they are entered into a prize draw.
Five customers win the top prize of £2,000 worth of energy to use over one year, with 200 winning £50 prizes and 22,850 receiving £2 of free energy.
Meanwhile, British Gas offers half-price electricity through its PeakSave scheme on Sundays between 11am-4pm.
The scheme rewards customers for shifting their electricity usage to times when there’s less demand.
To sign up customers need to be a British Gas customers, have a smart meter and then register online for the PeakSave scheme.
4 ways to keep your energy bills low
Laura Court-Jones, Small Business Editor at Bionic shared her tips.
1. Turn your heating down by one degree
You probably won’t even notice this tiny temperature difference, but what you will notice is a saving on your energy bills as a result. Just taking your thermostat down a notch is a quick way to start saving fast. This one small action only takes seconds to carry out and could potentially slash your heating bills by £171.70.
2. Switch appliances and lights off
It sounds simple, but fully turning off appliances and lights that are not in use can reduce your energy bills, especially in winter. Turning off lights and appliances when they are not in use, can save you up to £20 a year on your energy bills
3. Install a smart meter
Smart meters are a great way to keep control over your energy use, largely because they allow you to see where and when your gas and electricity is being used.
4. Consider switching energy supplier
No matter how happy you are with your current energy supplier, they may not be providing you with the best deals, especially if you’ve let a fixed-rate contract expire without arranging a new one. If you haven’t browsed any alternative tariffs lately, then you may not be aware that there are better options out there.
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