Daylight saving time returns on Sunday 31 March. According to estimates by Terna, the company that manages the national electricity transmission grid, during the seven months of summer time Italy will save around 90 million euros, thanks to a lower consumption of electricity equal to around 370 million kWh which it will also generate a reduction of approximately 170 thousand tonnes of carbon dioxide emissions into the atmosphere. Daylight saving time will end on October 27, with a return to standard time.
The estimated economic benefit for the summer time period in 2024 is calculated considering that the cost of the average kWh for the type of “typical domestic customer under protection” (according to Arera data) is currently equal to approximately 24.3 cents of euros before taxes. The approximately 370 million kWh of lower electricity consumption is equivalent to the average annual requirement of over 150 thousand families.
2.2 billion in savings
From 2004 to 2023, according to Terna’s analysis, the lower electricity consumption in Italy due to summer time was approximately 11.7 billion kWh overall and resulted, in economic terms, in savings for citizens of approximately 2.2 billion euros.
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2024-03-29 18:10:35
