There are several solid reasons why the demand flexibility service scheme is great idea for both the energy supplier and customer alike. This can range from environmental concerns to the collective good of the whole nation.
Everybody doing their bit in this instance can be a huge positive. It may even prevent some nasty repercussions for the upcoming months that will affect us all.
How much money can my household & I earn from the DFS?
Participants can potentially earn roughly £4 per unit of electricity saved. Furthermore, some households have been known to earn £2 per kilowatt hour. Over a two hour period during the trials, people have saved almost £5 on their energy usage.
It doesn’t stop there. With OVO energy, you can earn up to £100 for the whole winter if you choose to participate in this scheme. Money earned by you can either be transferred to your bank account or added as credit to your energy account.
Why are energy suppliers and the national grid introducing this?
Peak times can build added pressure on energy suppliers for reasons that should be obvious to most. For this reason, they benefit by providing incentives for customers not to use energy whenever they require a respite.
Being economical with your energy usage will be reduce the overall strain on the grid. You can do this by mainly using gas and electricity during off peak times. Taking part in the DFS will help support the national grid. It will help the system provide energy to thousands of households this winter.
What are the other benefits of this scheme?
One of the biggest goals of this program is to prevent any potential planned or unplanned blackouts that may occur in the near future. This may be due to the demand for energy going into overdrive.
Another factor that has brought on the need for this scheme is the global energy crisis. This has mainly been caused by the Russian invasion of Ukraine. As an added bonus, you will also be helping the environment by reducing your energy usage. As you can see, there are multiple benefits.
What happens if the country runs out of energy?
The national grid does have emergency generators that it can implement and operate. Although, these particular generators are especially bad for the environment. They also cost a lot of money to put into action. If possible, it’s best to avoid this scenario.
It can seem a little inconvenient to stop or at least reduce your energy usage during peak times. After all, these are the periods when people most commonly need to use gas and electricity. Just think of the droves of people coming home from work wanting to make a cup of tea after a long day.
Although, you can make it easier for yourself if you get your household organized and prepare everybody ahead of time. Would you be willing to take part in the DFS if it were to prevent an energy blackout this winter? How much money do you reckon your household could earn from this scheme?
Related Posts:
Save Money On Energy With Demand Flexibility Service Part 1
Save Money On Energy With Demand Flexibility Service Part 2
Using Butane Gas Canisters To Save Money On Energy Bills
Chopping Wood Part 1: Gathering The Necessary Materials