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New time-of-day tariff in the UK

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In the UK, electricity users have traditionally been able to opt for a ‘night and day’ split tariff. This tariff requires separate physical wiring in the home, and there are only two rates, the cheaper night rate and the more expensive day rate. Whilst this arrangement can work for activities such as heating domestic hot water during the night, it is inflexible and can actually result in much more expensive daytime bills. Read More