How smart are Britain’s energy tariffs?
With energy emerging as a kitchen table issue, smart tariffs offer a way for households to save money on their bills, while contributing to the creation of a secure, decarbonised electricity system. But suppliers face numerous challenges in unleashing their full potential, including outdated systems and markets that fails to properly reward households for their flexibility. Tom Grimwood examines the current state of the market for smart tariffs and remaining barriers to their widespread adoption.
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