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Originally Posted by Mitc
Used to be called Economy 7 in the UK. Midnight to 7am was 'cheap-rate' on your leccy if you'd signed up. People had storage heaters and these would use off-peak electricity.
I guess once the power companies went private the scheme was scrapped.
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Nope, Economy 7 still exists although it's a lot less common than a couple of decades ago. It's partially because of the unpopularity of storage heaters (which are both unpopular with residents and score poorly in any energy rating scheme) - now the vast majority of our stock have gas heating and the last few storage heaters are being replaced when they fail. The few properties which can't easily get a gas supply are using more modern methods of electric heating.
Ignoring the technical problems, I think they're very much against the modern ethos of choice. Government standards place a reasonably high emphasis on the occupants of a dwelling being able to control both the timing and the temperature of the heating system. Which of course storage heaters weren't great at...