Octopus Energy Saving Sessions

[Stranger Dings]

Does anyone know how the Octopus ”Power Hour” energy saving sessions are actually calculated?

I’ve taken part in all of them, but the results just seem totally random.

I’ve had sessions where we’ve switched off as much as we can and gone out, only to be told that we didn’t manage to save anything.

Some sessions, we’ve made very small savings, Including one where virtually everything was switched off and the whole family was in another country.

One session I forgot it was happening despite signing up, only to be told I’d managed to save 93% of my normal usage and be credited with over £16 off!

I’ll continue to sign up for them and don’t really do it expecting to save much as we are already quite energy efficient. It all just seems so random.

 

[Js1977]

What a muppet! I set everything up last night and then forgot to switch the PW over to Export Everything . Ah well at least it was only a little one I missed out on!

Same here .... iv e now set an alarm for a couple of minutes before

 

[notmeguv]

Same here .... iv e now set an alarm for a couple of minutes before

I blame it on being out running one of the preventers around!

 

[ACarneiro]

As usual the Octopus website has fallen over so unable to opt in right now...

 

[browellm]

Does anyone know how the Octopus ”Power Hour” energy saving sessions are actually calculated?

I’ve taken part in all of them, but the results just seem totally random.

I’ve had sessions where we’ve switched off as much as we can and gone out, only to be told that we didn’t manage to save anything.

Some sessions, we’ve made very small savings, Including one where virtually everything was switched off and the whole family was in another country.

One session I forgot it was happening despite signing up, only to be told I’d managed to save 93% of my normal usage and be credited with over £16 off!

I’ll continue to sign up for them and don’t really do it expecting to save much as we are already quite energy efficient. It all just seems so random.

It's based on the net difference of your average baseline usage of the previous 10 days, between the time slots in the saving window

 

[ACarneiro]

It's based on the net difference of your average baseline usage of the previous 10 days, between the time slots in the saving window

You're 43 pages late!

 

[browellm]

You're 43 pages late!

You know I have no idea why that is appearing at the bottom of my feed for this thread. Completely bizarre

 

[PITA]

It’s the Three Phase posse…

Rarrr....

 

[thewishy]

I don't think anybody could argue that there was a better DFS scheme than Octopus this year. Constantly got decent prices, topped up smaller low value sessions and even gave us a freebie when they missed out on a bid.

Today was a good day on the PV front, so I've even got enough left in the tank for to make it to 11:30

 

[notmeguv]

Another one today?

 

[Pink Duck]

Now I find myself kinda pleased that National Grid had the guts to go for their first weekend event.

Possibly, to be confirmed at 09:00 - so if it happens as early as 12:00 perhaps - more likely peak as usual.

Well, is on as confirmed at 08:58 and a 100 MW reduction ask for… you guessed it… 18:00–18:30

 

[ACarneiro]

“We have this money budgeted that we have to use before April”…

 

[Pink Duck]

Question is, will the usual staff at energy providers be able to take part in the bidding auction on a weekend? There’s only one way to find out…

 

[Pink Duck]

Octopus Energy’s domestic bid (40 MW @ £500/MWh) was accepted, yay! We’re on for today!

However, their commercial/industrial unit bid (also 40 MW but £1,000/MWh) was rejected, along with:

• Axle Energy Ltd
• E.On Next Energy Ltd
• EDF Energy Customers Ltd
• Equiwatt Ltd
• Flexitricity Ltd
• GridBeyond Ltd
• Oaktree Power Ltd
• Ovo Electricity Ltd
• Solo Energy Ltd
• Utilita Energy Ltd

Can opt in now for £1.75/kWh reward, kudos to Octopus!

 

[phil4]

50p/kWh?

 

[Pink Duck]

For a bit of fun, as almost certainly the last event for 2023–24 DFS, here are the providers who were asleep, not at work, or not interested:

• British Gas Trading Limited
• Carbonlaces Limited
• Chameleon Technology (UK) Limited
• Conrad Energy (Trading) Limited
• Cub (UK) Ltd
• Energy Delivered Ltd
• Engie Power Limited
• NPower Commercial Gas Limited
• Orange Power Ltd
• P3P Energy Supply Limited
• Pearlstone Energy Ltd
• RDT Support Team (?)
• SSE Digital Services Limited
• Zenobe Energy Limited

Certainly one for those with multiple batteries, as having checked my baseline consumption vs. export I expect only 2.485 kWh saving this time.

 

[phil4]

Octopus website very responsive, suggesting not going to be as popular as previous ones.

 

[yessuz]

Woke up early midday ) to find opted in

 

[thewishy]

For a bit of fun, as almost certainly the last event for 2023–24 DFS, here are the providers who were asleep, not at work, or not interested

To be fair, the going rate of 50p/kWh is now pretty well established, and it's not enough incentive for ordinary consumers to load shift - hence octopus are topping up, bless them... I can see why others who are looking at this as a more commercial transaction wouldn't bother bidding. Octopus seem to be looking at this as more of a funded cost-neutral operation which helps customer retention for engaged customers than a profit center.

 

[Foxsbiscuits]

Why isn't it opt out rather than opt in?
Let me agree to the scheme once and that be that. Or are some people seeing the time slot and purposefully sitting it out?

 

[browellm]

Why isn't it opt out rather than opt in?
Let me agree to the scheme once and that be that. Or are some people seeing the time slot and purposefully sitting it out?

Because they're collecting data on the effects of active participation and don't want to include noise.