Smart energy
In a recent press release, the Department for Energy Security and Net Zero confirmed that consumers are set to benefit from cheaper and more convenient energy deals as part of new measures to create a smart, flexible electricity system to help save money on bills. They said:
“New proposals set out in a recent consultation will introduce minimum requirements for cyber security and grid stability, and minimum product standards for energy smart appliances to give consumers confidence to accept smart devices and make it easier for them to benefit from cheaper bills. Electric heating appliances with the greatest flexibility potential – like heat pumps – could also be required to have smart functionality.
“Smart appliances enable consumers to manage their energy use to benefit from cheaper tariffs at times of low electricity demand, for example a smart charge point which waits for a period of low-demand overnight to charge the car. This will reduce the consumer’s bill while also ensuring that their car is ready to be used in the morning.
“By shifting some electricity use away from peak periods, this will ease pressure on the grid and reduce reliance on backup fossil fuel generation and the need for new infrastructure like pylons, helping to save up to £50 billion by 2050. The use of smart systems and flexibility could create 10,000 jobs and increase GDP by up to £1.3 billion by 2050. A further 14,000 jobs could be created by exporting the technology.”
Latest news
- Time to renew tax credits
09/05/2024 - More...
HMRC is currently sending the annual tax credit renewal packs to the 730,000 tax credit claimants and is encouraging
- Act now to claim dormant funds
09/05/2024 - More...
The Ministry of Justice has published an urgent warning for anyone with unclaimed dormant funds held by the Courts Funds
- Check if HMRC contact is genuine
09/05/2024 - More...
HMRC’s published guidance titled ‘Check genuine HMRC contact that uses more than one communication method’ has been
Search archive
Newsletter
With our newsletter, you automatically receive our latest news per e-mail and get access to the archive including advanced search options!