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HomeRenewablesDemand Flexibility ServiceCash savings risk for millions without smart meters

Cash savings risk for millions without smart meters

Millions of households may miss out on cash savings from reducing energy usage this year as the Demand Flexibility Service (DFS) returns for a second winter, offering payments to those who use less energy during peak hours.

However, it is estimated that almost half of billpayers without smart meters, essential for the scheme, won’t be able to participate.

The DFS pays customers a minimum of £3 per kWh of electricity saved.

Smart meters, which provide half-hourly readings, are necessary for participation, leaving an estimated three million households without the opportunity to take part.

Additionally, smart meters in seven million homes are expected to become obsolete due to the phasing out of 2G and 3G phone networks, potentially impacting more households in the future.

Energy Live News
Energy Live Newshttps://www.energylivenews.com
This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
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