How much does daylight saving save us?

How much does daylight saving save us?

A saving of 190 million euros thanks to summer time. This is Terna's estimate (the company that manages the national transmission grid) for energy consumption in Italy in the seven months in which daylight saving time will be in effect, thanks to a lower consumption of electricity equal to approximately 420 million kilowatt hour which will also make it possible to bring an important environmental benefit, quantifiable in the reduction of about 200 thousand tons of carbon dioxide emissions into the atmosphere.

The summer time period will begin on Sunday 27 March, when at two in the morning it will be necessary to move the hands forward by sixty minutes, and it will end on October 30th, with the return to solar time. In the spring-summer period, the months that mark the greatest energy savings estimated by Terna are April and October. Moving the hands forward by an hour, in fact, delays the use of artificial light at a time when work activities are still in full swing. In the summer months, the 'delay' effect in switching on the light bulbs occurs in the evening, when the work activities are mostly finished and results in less evident values ​​in terms of electricity savings.

From 2004 to 2021, according to the analysis of the company led by Stefano Donnarumma, the lower consumption of electricity for Italy due to summer time was a total of about 10.5 billion kWh and involved, in economic terms, savings for citizens of over 1.8 billion euros.

What the anti-price increase decree on fuels and electricity provides From the reduction of 25 cents on the price of diesel and petrol, to new tax credits for businesses. Here are the measures of the new 4.4 billion euro package of interventions, which will come into force from 1 April 2022 Read the article The estimated economic benefit for the summer time period in 2022 is calculated considering that the cost of the average kilowatt hour for the 'typical domestic customer in protection' (according to data from Arera, the energy market regulatory authority) is currently equal to approximately 46.03 euro cents before taxes. The approximately 420 million kilowatt hours of lower electricity consumption are equivalent to the average annual needs of approximately 150,000 households.