Department of Energy and Climate Change
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Government sets out plans to cut electricity demand across the nation
Proposals to dramatically reduce electricity demand across the whole UK economy will be published by the Government today.
Cutting the amount of electricity used in Britain’s homes, businesses and industry can be much cheaper than paying firms to supply it; saving money through lower bills and reducing the need for new generation capacity.
Just a 10 per cent reduction in electricity demand could produce savings of around £4 billion in 2030, which would more than compensate for the cost of making efficiency investments upfront. A 10 per cent reduction in demand would also cut 4.5 megatonnes of carbon, equivalent to that produced by one large city in a year, and save an amount of electricity comparable to that generated by five power stations in a year.
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