Daylight saving time returns and will come into force from Sunday 31 March, when at two in the morning it will be necessary to move the hands ahead sixty minutes, and will end on October 27, with the return to solar time.
According to estimates by Terna, the company that manages the national electricity transmission network, 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.
The savings, explains Terna, will also generate a significant environmental benefit, quantifiable in the reduction of approximately 170 thousand tonnes of carbon dioxide emissions into the atmosphere. The estimated economic benefit for the summer time period in 2024 is calculated considering that the cost of the average kWh for the typical domestic customer under protection (according to ARERA data) is currently equal to approximately 24.3 euro cents before taxes. The approximately 370 million kWh of lower electricity consumption is equivalent to the average annual requirement of over 150 thousand families. From 2004 to 2023, according to the analysis of the company led by Giuseppina Di Foggia, the lower electricity consumption for Italy due to summer time was approximately 11.7 billion kWh overall and resulted, in economic terms , a saving for citizens of approximately 2.2 billion euros.