• 'We're buzzing': Octopus Energy is giving away more free electric

    From TechnologyDaily@1337:1/100 to All on Wednesday, May 13, 2026 06:15:26
    'We're buzzing': Octopus Energy is giving away more free electricity to its 8 million customers and it could stop the UK wasting 1.5 billion to shut down wind farms

    Date:
    Wed, 13 May 2026 05:05:00 +0000

    Description:
    Octopus Energy is expanding free electricity schemes as renewable oversupply forces costly shutdowns of wind farms across the national grid.

    FULL STORY ======================================================================Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Britain spent nearly 1.5
    billion shutting down renewable electricity generation last year Smart meter households can now receive free electricity during surplus renewable generation periods Octopus customers have already saved millions through experimental free electricity flexibility sessions The UK is generating more renewable electricity than ever, but its grid often cannot use it all - as when the wind blows hard, or the sun shines bright, and demand is low, demand can fall below what is being produced.

    Instead of putting that surplus power to wider use, the system has routinely paid wind farms to turn turbines off while paying gas plants to stand by, a payout practice which has cost the country almost 1.5 billion in a single
    year - with early 2026 figures suggest the bill is still piling up rapidly. Now, Octopus Energy is looking to change this with a new expansion to its scheme to provide free electricity to its users across the UK. Latest Videos From You may like Tesla wins licence to supply UK electricity but it won't get a smooth ride EV charging just got a massive boost for millions in the UK Public EV charging provider issues warning about major price hikes What Octopus Energy is already doing Octopus Energy has run its own version of
    this idea for several years through a system it calls Saving Sessions.

    Going forward, the company will let its 8 million customers use more electricity when wholesale prices plummet.

    This approach has already saved customers 4.6 million through free
    electricity sessions, and Octopus has also paid out 5.8 million to customers who cut down during peak times.

    The firm stated, "the changes made to the DFS scheme mean customers can benefit from using more energy when renewables are high." Are you a pro? Subscribe to our newsletter Sign up to the TechRadar Pro newsletter to get
    all the top news, opinion, features and guidance your business needs to succeed! Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors By submitting
    your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.

    British Gas already runs a separate scheme called PeakSave with half-price electricity on Sunday afternoons.

    NESO said it may need to use more of its tools more often than in previous summers to manage low demand.

    More than 36,000 Brits have expressed interest in joining Octopus Fan Club tariffs near local wind turbines. What to read next UK government wants to prioritize getting data centers access to the national grid UKs sky-high electricity costs are quietly pushing AI firms overseas Renewable energy overtakes coal as main source of the world's electricity

    Joining the Fan Club means that your electricity unit rates can be reduced by up to 50% when a local wind turbine is spinning and generating power.

    The scheme will not fix the grid bottleneck on its own, but it offers a practical way to reduce waste immediately.

    Octopus says it is "buzzing" about the change, and the company has a genuine track record of making these sessions work for its customers. How the grid is changing its rules Several energy companies are now testing schemes that pay households to use more power when renewable generation is high.

    The National Energy System Operator (NESO) has also updated its Demand Flexibility Scheme (DFS) such that it proffers a solution.

    The update allows power suppliers to encourage customers to run appliances, charge vehicles, or otherwise raise their consumption during periods of surplus.

    Households with smart meters can be offered free or cheaper electricity at certain times, or rewards such as points that convert into gift cards.

    The grid operator decides when the scheme runs and pays the supplier if it delivers the required change in demand.

    Whether other suppliers will deliver the same level of engagement remains uncertain.

    Free electricity for weekend washing is a real benefit, but the deeper
    problem of congested power lines still requires billions in new
    infrastructure spending.

    For now, smart meter households with participating suppliers can claim a
    small win against a very large and wasteful problem.

    Via BBC Follow TechRadar on Google News and add us as a preferred source to get our expert news, reviews, and opinion in your feeds.



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