Payment for Reducing Peak usage increased to £3 per KWH

Sea_Shell

badger09 said:

Chrysalis said:

Only two suppliers interested, and its well hidden away on Octopus website, I actually had to google it with some specific words, one also has to apply to take part.  No wonder they said not many were interested, I expect most dont even know the scheme exists.

Its not mentioned on Octopus website whether it requires a specific tariff, but has been mentioned on MSE that to benefit from this you need high peak hours load in the first place, if you already light at peak, you have little to shift.

The apply link is here.

https://octopus.energy/blog/results-big-dirty-turn-down-trial-paid-off-peak-energy/

Thanks for the link. As we currently don’t use much during the time period mentioned (16.30 - 18.30) there seems little point registering interest. Apart from curiosity of course. 

Same here.  We use very little energy after lunch (main meal), so no scope to cut back further during peak time.   Unless we sit in the dark, not watching TV 😉

I'd still be interested in knowing the details of the Eon scheme, as I have family who could benefit.

The_Hawk

Many years ago I took part in a Midlands Electricity (MEB) trial tariff called Weekend Plus, for which I had to have a 3 rate meter installed.

From memory, the three rates were:

1. Monday to Friday daytime - more expensive than the standard single rate tariff;
2. Monday to Friday evenings, plus Saturday & Sunday daytime and evenings - a reduced rate tariff
3. Monday to Sunday overnight - a heavily reduced rate tariff, equivalent to Economy 7.

In these days of smart meters, it should be straightforward to quickly come up with a modernised version of such a tariff, that encourages a shift of demand away from the usual peak usage times, a tariff that directly benefits a sizeable number of users and helps balance overall demand to the benefit of all.

This could be supplemented by tariffs like Agile Octopus, for those who want to benefit from a more complex set up.

MattMattMattUK

From all these schemes, which effectively benefit those who have historically had excessive use, especially at peak times, I think the sooner everyone is moved to ToU tariffs the better, with any refusing put on the maximum peak rate permanently.

ariarnia

i'm not a huge fan of tou tariffs because i have seen screen shots which show you can't really predict that far in advance when the cheap times will be and because i prefer the certainty of a fixed rate price to help predict our bills. i wouldn't mind a tariff like the hawk describes. maybe an option would be for people to have a high and low peak rate with timings set for them or in their load block area (now i know what those are!) so we didn't just shift the peak to a different time but staggered it around the country? 

so i might have cheapest energy sun-tues evenings and someone else might have cheapest thurs-sat. still helping load manage but also being more predictable for the customer than something that changes every day. 

brewerdave

MattMattMattUK said:

From all these schemes, which effectively benefit those who have historically had excessive use, especially at peak times, I think the sooner everyone is moved to ToU tariffs the better, with any refusing put on the maximum peak rate permanently.

You ARE Norman Tebbit !!!

QrizB

badger09 said:

Chrysalis said:

The apply link is here.
https://octopus.energy/blog/results-big-dirty-turn-down-trial-paid-off-peak-energy/

Thanks for the link. As we currently don’t use much during the time period mentioned (16.30 - 18.30) there seems little point registering interest. Apart from curiosity of course. 

The link doesn't seem to be an application for a specific scheme, just an expression of interest in joining any future scheme once it's announced.
Most of the info on the page relates to the scheme/s that ran last winter.

badger09

QrizB said:

badger09 said:

Chrysalis said:

The apply link is here.
https://octopus.energy/blog/results-big-dirty-turn-down-trial-paid-off-peak-energy/

Thanks for the link. As we currently don’t use much during the time period mentioned (16.30 - 18.30) there seems little point registering interest. Apart from curiosity of course. 

The link doesn't seem to be an application for a specific scheme, just an expression of interest in joining any future scheme once it's announced.
Most of the info on the page relates to the scheme/s that ran last winter.

Yes, I realise that. Nothing to lose by registering interest I guess. 

Helen_

So people that are always considerate with how much energy they use will not gain anything but people who are not considerate with their energy use will gain?

[Deleted User]

Helen_ said:

So people that are always considerate with how much energy they use will not gain anything but people who are not considerate with their energy use will gain?

People who are always considerate with how much energy they use have been gaining for years by not wasting money.

ariarnia

Helen_ said:

So people that are always considerate with how much energy they use will not gain anything but people who are not considerate with their energy use will gain?

yep. just the same as lots of other things the government do because they need a group of people to change their behavior. the point is to reduce energy use because its an emergency. not give free money to people who do good. it would be very nice for the prudent to be rewarded but we havent exactly got the spare money right now.