If you’ve spent much time trying to find the best energy deal, you may have come across the term ‘time of use tariffs’. It’s more exciting than it sounds - if you’re interested in Britain’s evolving energy system.
Energy suppliers are falling over themselves to launch more innovative tariffs to tempt savvy customers. Just last week, Good Energy announced its ‘Zap Flash’ tariff, with free EV charging when there’s excess green power on the grid. So how do these tariffs work, and why do they have the potential to change the grid forever?