British Gas pays customers £1.8 million in demand flexibility trial

British Gas has revealed its customers have received a combined total of more than £1.8 million and saved 147 MWh of energy through its PeakSave scheme since the launch in December – enough to power 750,000 homes for an hour.

This equates to an average of £28.56 per customer – with the top 2% saving £53 and the biggest saver making £332.

Research from British Gas has revealed overwhelming support from those involved in the scheme so far, with 98% of those surveyed saying they would take part again in the future.

Simple updates to the times and ways households have cooked (70%) and washed their clothes (70%) are the most common ways participants have been shifting their consumption, with changes to dishwasher (47%) and tumble dryer (46%) usage also listed.

Catherine O’Kelly, Managing Director of British Gas Energy at British Gas, said:

The electricity grid is facing increased pressure and smart technology has a key role to play in managing peak demand. Over 200,000 customers signed up to the PeakSave trial, providing us with invaluable insights on how we can manage consumption to support a greener grid, while also helping our customers to make significant savings. Our triple payment final session helped us to test this even further so we can understand the full potential of the scheme while passing on even bigger savings to our customers.

PeakSave is a trial energy reduction scheme that tests how to reduce consumption to support a greener grid, while also helping customers to save on their energy bills. Participating households are asked to reduce their usage during National Grid’s ‘turn-down’ events through the Demand Flexibility Service (DFS) – a country-wide effort to ease the strain on the UK’s energy grid at peak times. PeakSave is currently available to British Gas customers with a smart meter who have been invited to take part in the trial. British Gas will be launching further PeakSave products in the coming months.

More information here: britishgas.co.uk/energy/peak-save