How doing a wash while you watch the World Cup at 2am could cut energy bills
Summary
UK households can save money on energy bills by using electricity during cheaper times, such as late at night while watching World Cup football matches. Energy companies like E.ON Next offer tariffs with lower rates at specific times, encouraging people to run appliances like washing machines during off-peak hours.Key Facts
- The World Cup games often take place at night, which coincides with cheaper electricity rates on some tariffs.
- E.ON Next’s time-of-use tariff charges 39p per kilowatt-hour at peak times (4pm-7pm), 18p off-peak, and 13p during super off-peak (2am-5am).
- Running a washing machine accounts for about 14% of a household’s electricity bill.
- Using electricity during off-peak hours could save UK households a total of £93 million on 35 World Cup match days.
- Customers can save up to £230 a year by shifting five common activities to cheaper time slots.
- EDF’s FreePhase tariff alerts customers to daily electricity prices and saved users £152 in five months compared to standard rates.
- Time-of-use tariffs require a smart meter to work properly, but only 2-3% of UK households currently use these tariffs.
- Some people without flexible electricity use or smart appliances may see little or no savings from these tariffs.
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