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Wednesday, 24 August 2022

GRID INSANITY: British government will start paying citizens huge sums to NOT use electrical appliances

The National Grid Electricity System Operator of the United Kingdom, the main controller of the country’s power grid, is launching a scheme to offer rebates to consumers who avoid using high-energy appliances during peak times to reduce the risk of blackouts this coming winter. According to the National Grid, households could be rewarded for not using certain appliances such as tumble dryers, dishwashers and gaming consoles during peak hours – between 5 p.m. to 8 p.m. Rebates could be as high as six pounds ($7.06) per kilowatt-hour (kWh) saved.

The National Grid is reportedly finalizing its plans for this rebate system. Once it is finalized, the operator will apply to the Office of Gas and Electricity Markets (Ofgem), the government regulator for electricity and downstream natural gas markets, for approval.

“We are developing a new service that will be available for consumers to benefit from across this winter and will be announcing further information soon,” said a spokesman for the National Grid.

Discussions about rebate programs came about as Ofgem plans to raise the energy price cap – the maximum price energy producers are allowed to charge households for each unit of energy they use – from 1,971 pounds ($2,320) per year to 3,500 pounds ($4,121) in October and then 4,200 pounds ($4,945) in Jan. 2023.

Experts further warn that, by April 2023, the energy cap could be raised to as high as 6,000 pounds ($7,065) per year for the average household as the global energy market remains in turmoil....<<<Read More>>>...