British households and businesses to be paid £2m to cut power use on Tuesday

National Grid scheme, which launched officially on Monday, to operate between 4.30pm and 6.30pm

• Households to be paid to use less electricity: how does it work?

National Grid is expected to pay out more than £2m to households and businesses to encourage them to cut their power use at peak times on Tuesday.

The electricity system operator plans to run its “demand flexibility service” – which incentivises households in Great Britain to use less power during a designated period – between 4.30pm and 6.30pm.