Recently there has been a lot of coverage of domestic energy prices, and the energy price cap. Tariffs can be fixed, where you pay a constant price for each unit of electricity, or variable where the price changes over time monthly, daily or hourly.
The venerable economy 7 tariff makes a cheaper price available overnight for seven hours. With increasing use of smart meters, more sophisticated tariffs have been introduced to encourage electricity use outside of peak times.
This month we look examples where locals are using “Time of Use” electricity tariffs to reduce their overall energy cost. Both are with Octopus that has pioneered these tariffs, but others are available from other supply companies.
Download the full Village Views pullout here or read a case study on Octopus Cosy.