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Explained in plain English

What are flexible tariffs?

Flexible tariffs mean your electricity price changes depending on when you use it. For example, it might be cheaper overnight when demand is low, and more expensive during peak evening hours. This encourages you to shift your electricity use to cheaper times, potentially saving you money on your household bills.

Stories that explain this

Electricity bills could fall with time-varying prices, report says

Related explainers

Why do costs vary so much? How could I save money? How do other countries do it? Who sets electricity prices? Why do countries use tariffs? Do employers allow flexible working? What is flexible working? Who pays for tariffs?

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