Electricity shake-up could save consumers 'up to £40bn'

Consumers in the UK could save billions of pounds thanks to major changes in the way electricity is made, used and stored, the government has said.

New rules will make it easier for people to generate their own energy with solar panels, store the energy in batteries and sell it to the National Grid.

If they work, consumers will save £17bn to £40bn by 2050, according to the government and energy regulator Ofgem.

The rules are due to come into effect over the next year.

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Source: BBC, 24 July 2017

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