• Home
  • /
  • Posts
  • /
  • News
  • /
  • British energy supplier Octopus to pay customers to save power this winter

British energy supplier Octopus to pay customers to save power this winter

British energy supplier Octopus is launching a scheme to pay customers not to use electricity during times of high power demand to help prevent blackouts this winter, it said on Friday.

by | 9 Oct, 2022

Britain’s National Grid warned on Thursday homes could face three-hour rolling power cuts if the country is unable to secure enough gas and electricity imports.

The government said it would not be urging the public to use less energy, but National Grid said flexibility management – like the scheme announced by Octopus – would be part of its tool box to keep the lights on this winter.

Read more at Reuters

More from Financial Accountant

How the UK’s rollback of banking regulations could risk another financial crisis

How the UK’s rollback of banking regulations could risk another financial crisis

Money laundering plays a key role in every part of the illegal drugs industry. Here’s how it works

Money laundering plays a key role in every part of the illegal drugs industry. Here’s how it works

‘I’ve never paid myself’: why the reality for female entrepreneurs doesn’t always match the rhetoric

‘I’ve never paid myself’: why the reality for female entrepreneurs doesn’t always match the rhetoric

Sustainability ideals are often crushed by corporate demands. Here’s how businesses can let them flourish

Sustainability ideals are often crushed by corporate demands. Here’s how businesses can let them flourish

‘I was left with nothing.’ Why apprentices are being pushed into the informal economy

‘I was left with nothing.’ Why apprentices are being pushed into the informal economy

In the struggle to get Britain working, the long shadow of austerity could be part of the problem

In the struggle to get Britain working, the long shadow of austerity could be part of the problem

Share This