Thousands of households could save up to £300 on energy as new half price scheme launched

Scottish Power is offering half-price electricity to its customers this winter.

The offer is available between the hours of 11am and 4pm, every Saturday and Sunday, until the end of April 2025. In order to sign up, you’ll need to have a smart meter installed. Smart meters are devices that record real-time information about your gas and electricity use.

This data is then sent back to your energy provider through wireless technology, so it knows how much power you’re using. Scottish Power is rolling out the scheme following a successful trial with 5,000 of its customers. The trial saw the average household save at least £35 a year on energy.

The biggest savers made up to £300. This means you could save as much as £25 each month if you shift your electricity usage to when the Scottish Power scheme is running. Of course, the amount you can save will vary depending on your usual energy usage.

Andrew Ward, Chief Executive of Scottish Power’s Customer Business said: “Through half-price weekends, we hope to raise awareness of the benefits of using less electricity at peak times and encourage shifting usage to other days where they can. We know our customers are savvy when it comes to managing their energy use. We’re driving initiatives to help reduce bills, especially at this time of year when people are using more energy and the new price cap comes into force.”

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It comes after Ofgem confirmed its energy price cap will rise from £1,717 a year to £1,738 for the average dual fuel household paying by direct debit. This will come into force from January 1 and will last for three months, when the price cap will be updated again. But the Ofgem price cap does not put a limit on how much you can pay for energy.

Instead, it sets a limit on unit rates for gas and electricity, as well as the standing charges, which is what you pay to be connected to the grid. There are different rates for prepayment customers and those who pay on receipt of their bill. Here is what you need to know about getting help for your energy bill.

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