'Architects of their own energy usage': Home energy flexibility measures could unlock £14bn savings in 2040, report finds

Stuart Stone
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Widespread adoption of time-of-use tariffs, smart meters, solar panels and batteries could cut UK household electricity costs by £4.6bn per year in 2030 and £14.1bn in 2040, new analysis finds

Widespread adoption of flexible electricity measures in the home such as time-of-use energy tariffs, smart meters, solar PV, and batteries could collectively save UK households billions of pounds in the...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Energy

Study: Renewables to play 'much larger role' in UK energy security than new oil and gas

Study: Renewables to play 'much larger role' in UK energy security than new oil and gas

Analysis claims the UK's growing clean energy industry - bolstered by the roll out of EVs, heat pumps, and home insulation - is proving far more effective at reducing reliance on energy imports than North Sea drilling licences

Michael Holder
clock 07 June 2024 • 4 min read
Ørsted debuts biodiversity measurement tool for renewables projects

Ørsted debuts biodiversity measurement tool for renewables projects

Danish energy giant seeks wider industry feedback on efforts to develop new global standard for assessing habitats and wildlife impacts of infrastructure projects

Michael Holder
clock 07 June 2024 • 3 min read
Study: UK on track to overshoot 2030 offshore wind goal by 18 years

Study: UK on track to overshoot 2030 offshore wind goal by 18 years

Domestic supply chain weaknesses singled out as key reason for slower than needed offshore wind installation rates

Cecilia Keating
clock 07 June 2024 • 4 min read