British Gas issues ‘last chance’ warning to customers ahead of Christmas Day
British Gas has issued a "last chance" warning to its customers ahead of Christmas.
The energy supplier has confirmed that Sunday, December 15, is the last day to sign up for its half-price electricity scheme on Christmas Day and Boxing Day. The Peak-Save event slashes the price of electricity by 50% between 11am and 4pm on specific days – and this year the UK's largest energy supplier announced the scheme would cover two days over the festive period.
This means British Gas customers could benefit from half price electricity for six hours on both days. British Gas says there is no obligation to join the scheme but noted that households could save money on their energy bills by doing more energy-intensive tasks during a session. In this case, it could be cooking Christmas Dinner, charging up new devices, or hoovering after opening presents.
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The savings will appear as "PeakSave Credit" on your energy bill and you will be sent a summary of what you have saved each month. Those who prepay for their electricity will have their credit automatically added to their meter each month – normally within 10 working days after the month ends.
It's important to note that the Peak Save events do not change the tariff you are on. This does remain the same. This is because you are charged the rate of your tariff and then the extra is refunded. PeakSave rewards customers for shifting their electricity usage to times when there's less demand – or more renewable electricity available on the grid,
This is the second year British Gas is offering its customers the chance to save during the festive season – with £1.4 million paid out last December. An additional 50,000 people have already signed up for the event this year. British Gas offers PeakSave every Sunday in December between 11am and 4pm. It also has its Peak Save Green Flex scheme, which it will inform customers about before initiating.
You can sign up for the scheme on the British Gas website by entering your full name, email address and customer reference number. It will then get in touch if your application is successful and credit back any money saved after taking part each week. To join in the saver scheme you will need to have a working smart meter which can send half-hourly readings. Once you've registered, it takes British Gas around seven to 10 days to complete all the checks.
Catherine O’Kelly, managing director of British Gas Energy, said: "This festive season we wanted to give back to our customers once again. We know that so many of them appreciated the half price days last Christmas whilst they were spending more time at home with loved ones.
"It’s no surprise that our PeakSave scheme has been a huge success – it helps customers save on their energy costs while also contributing to a greener grid. We’re expecting that to continue throughout the winter and look forward to welcoming even more customers to PeakSave.”
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