A MAJOR energy company is offering customers seven hours of free electricity tomorrow. Thousands of EDF customers will be able to make use of the free energy between 9am and 4pm. The offer is available for households on EDF’s FreePhase time-of-use tariff. All FreePhase customers get free electricity when there is an excess amount of renewable energy and demand is low. Sign up for the Money newsletter Thank you! It can be a great time to put a wash on, use your dishwasher or charge your electric vehicle. The FreePhase tariff bases its pricing on the cost of wholesale energy each day, which means it changes throughout the week. Read more on energy bills The amount you’re charged is also based on what time of day you use energy. Super off-peak hours, which are between 11pm to 6am, are the cheapest. Off-peak is between 6am to 4pm, and 7pm to 11pm, while peak time is the most expensive and is from 4pm to 7pm. EDF analysis shows off-peak electricity is 28% cheaper on average than its standard variable tariff, while super off-peak is 40% cheaper. Most read in Money People who used FreePhase Dynamic in the first three months of the year saved £112 compared with EDF’s standard variable rate tariff. However, a standard variable tariff – which rises and falls in line with Ofgem‘s price cap – is generally more expensive than a competitive fixed-rate deal. Comment now
Energy giant to give thousands of households seven hours of free electricity tomorrow – check if you qualify
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