Turn Down and Save

Earn rewards for using less electricity. Click to find out more

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Turn Down and Save with Loop this winter

Now more than ever it’s important to cut energy use. But did you know that if you have a smart meter you can get rewarded for using less electricity during peak times?

 

This is an easy way to offset higher winter energy bills.

 

Sound good? Sign up to our new Turn Down and Save scheme below.

 

Existing Loop User?

Existing Loop users can sign up to Turn Down and Save right now.  Just click below.

 

New to Loop? 

You need a smart meter to take part. If you have a smart meter, the first step is to set up your FREE Loop smart meter account. This takes 5 minutes and once your account is active we’ll email an invite to join the Turn Down and Save scheme.

 

 

More details

Between November and March there will be a number of national energy-saving ‘events’. During these events participating households try to use less electricity than normal. If successful, they will receive a reward.

 

If you join Turn Down and Save the aim is to use 40% less electricity than normal during the event. Each event lasts for an hour or more. If you’re successful, you’ll receive a reward of £3 for each kilowatt hour less than normal that you use.

 

Frequently Asked Questions

If your question isn’t listed below, please check out our full list of FAQs here.

What is Turn Down and Save?

Turn Down and Save pays Loop customers for using less electricity at peak times this winter.

 

At peak times it’s expensive for National Grid to balance supply and demand. National Grid pays some of the most expensive electricity generators to generate electricity at peak times. But it also pays factories and businesses to reduce their usage. This can often be cheaper than turning more generators on.

 

Turn Down and Save extends the same offer to Loop customers. If you can use less electricity during peak periods Loop will pay you a reward.

 

When are Turn Down and Save events?

Our first event is 17.00 – 18.00 on Thursday 1st December 2022

 

We’ll notify all users of future events as they are announced by National Grid.

 

Who can sign up?

Turn Down and Save is available to everyone with an electricity smart meter.

 

Existing Loop Users can sign up to Turn Down and Save here.

 

If you don’t have a Loop account already, click here to set up your free Loop account – once your account is active we’ll email you with instructions on how to sign up to Turn Down and Save.

 

How do I sign up?

Existing Loop Users can sign up to Turn Down and Save here.

 

You must be a Loop user to sign up to Turn Down and Save.

 

If you don’t have a Loop account already, click here to set up your free Loop account.  Once your account is active we’ll email you instructions on how to sign-up to Turn Down and Save.

 

How much money might I get paid?

Provided you reduce your usage by at least 40% of your baseline (your normal usage for the same period), we will pay you approximately £3 per kWh saved. This will be paid via an Amazon voucher.

 

So for example, if your baseline for the event duration was 1kWh and you reduced it to 0.5kWh we would pay you £1.50.

 

NB: The rate per kWh will vary per event – which will be confirmed by the National Grid, but we anticipate it will be approximately £3/kWh on average.