National Grid raises discounts for off-peak electricity use

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National Grid raises discounts for off-peak electricity use
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The value of discounts on electricity bills for households that cut peak-time use is to be raised.

The value of discounts on electricity bills for households that cut peak-time use is to be raised, National Grid ESO has said.

Energy firms Octopus and E.On had said the 52p payment to incentivise customers to sign up was too low.National Grid said at the beginning of October that in a worse-case scenario, planned power cuts could be necessary if gas supplies run very low.on Thursday, Fintan Slye, the director of National Grid ESO, said businesses and homes "can become virtual power plants and, crucially, get paid like one too".

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