Payment for Reducing Peak usage increased to £3 per KWH

ariarnia

maybe in the future we will see more grants and schemes for home owners to be subsisded to fit solar or heat pumps. but right now we have to deal with this winter and theres no chance enough homes could have solar panels fitted in time for it to make a difference. the waiting list of the company we spoke to a few months ago wasn't until at least next summer!

ilurvfree

Surely it would be more advantageous to the customers if the energy providers could show a range of examples.

Then customers could see a calculated amount that they would actually save, instead of reading one liner headlines with so many different connotations of how this would actually be implemented and pan out.

I get the feeling that the savings for most customers would be relatively small, especially during this cost of living crisis when most people are trying to minimise their usage anyway.

The offer doesn’t appear to be very well promoted on any of the 3 energy companies websites that have signed up to it so far. Is it a case of they’ll sign  up to it to look good in one respect, when the reality is they don’t really want customers to sign up for it as they may lose profits?

markin

[Deleted User] said:

Ultrasonic said:

pensionpawn said:

Ultrasonic said:

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?

The potential benefit to you, or me, is that if we can get more people to move energy use away from peak times then it may reduce the chances of rolling power cuts being necessary. There is more to this than just money.

Where I live housing estates are erupting out of the ground everywhere. What a shame that instead of offering bribes to reduce demand the government didn't mandate that all new houses (and commercial properties) must have solar panels and a battery. Store free / timeshift cheap (low demand) energy.

Firstly, I don't think this in any way detracts from the point I made. Also, a major point of better distributing energy use is to be more compatible with renewable energy generation.

Secondly, there is a big shortage of housing people can actually afford to buy and I'm not sure how economically or environmentally useful photovoltaic cells on every home would be? Would it be better than investing the same money in solar energy 'farms' for example? 

Individual installations are better for the householder - centralised installations are more cost efficient and (at the moment) much more beneficial to the system as a whole.

Once it's done at scale by thire own trained fitters at the same time as the roof it would be just the cost of the panels and inverter,

Magnitio

Octopus saving sessions t&c's:

https://octopus.energy/saving-sessions-terms-conditions/

ariarnia

Magnitio said:

Octopus saving sessions t&c's:

https://octopus.energy/saving-sessions-terms-conditions/

this is probably the bit most people will be interested in 

There will be at least 12 turn down windows (“Sessions”) throughout the Service period and the upper limit is uncapped. Customers will be able to decide which events they participate in. Prior to each Session, we will send you a notification of the Session window and the available payment per kWh turn down (the “Incentive”). The Incentive is not fixed and may be different for each Session.

To be eligible for payment, you must opt-in to the Session before it begins, and reduce electricity import as measured by your smart meter compared to a “Baseline” during any of the half-hours of the Session window.

You will be paid the Incentive for each half-hour of the Session that you turn down. We will credit your account within two weeks of each Session.

We will calculate your Baseline using the BSC P376 ‘Utilising a Baseline Methodology to set Physical Notifications’ with an in-day adjustment for domestic customers, and without an in-day adjustment for business customers. This methodology looks at up to 10 days of your recent smart meter history, excluding days where a Session has taken place, to calculate your average consumption.

[Deleted User]

markin said:

Deleted_User said:

Ultrasonic said:

pensionpawn said:

Ultrasonic said:

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?

The potential benefit to you, or me, is that if we can get more people to move energy use away from peak times then it may reduce the chances of rolling power cuts being necessary. There is more to this than just money.

Where I live housing estates are erupting out of the ground everywhere. What a shame that instead of offering bribes to reduce demand the government didn't mandate that all new houses (and commercial properties) must have solar panels and a battery. Store free / timeshift cheap (low demand) energy.

Firstly, I don't think this in any way detracts from the point I made. Also, a major point of better distributing energy use is to be more compatible with renewable energy generation.

Secondly, there is a big shortage of housing people can actually afford to buy and I'm not sure how economically or environmentally useful photovoltaic cells on every home would be? Would it be better than investing the same money in solar energy 'farms' for example? 

Individual installations are better for the householder - centralised installations are more cost efficient and (at the moment) much more beneficial to the system as a whole.

Once it's done at scale by thire own trained fitters at the same time as the roof it would be just the cost of the panels and inverter,

A single 1000 kWp installation costs less to buy and install than 100 x 10 kWp installations - access, timing, location, multiple pieces of equipment when one large one could do - this difference will persist regardless of the training of the domestic installers. 

A larger installation is also much easier to fit with tracking equipment that would increase its overall output compared to a similarly sized amount of static panels.

Larger installations also tend to be better at (or actually capable of) providing the additional services that running the system requires.

badger09

Magnitio said:

Octopus saving sessions t&c's:

https://octopus.energy/saving-sessions-terms-conditions/

Thanks for that. Looks like we’ve fallen at the first hurdle. Smart meters installed 28 Sept but I only recently opted to send 30 min readings so won’t qualify under the 20 day rule. 

Now, should I start a ‘It’s not fair’ rant🤔

EssexHebridean

pensionpawn said:

Ultrasonic said:

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?

The potential benefit to you, or me, is that if we can get more people to move energy use away from peak times then it may reduce the chances of rolling power cuts being necessary. There is more to this than just money.

Where I live housing estates are erupting out of the ground everywhere. What a shame that instead of offering bribes to reduce demand the government didn't mandate that all new houses (and commercial properties) must have solar panels and a battery. Store free / timeshift cheap (low demand) energy.

New local authority housing in the Western Isles now has ASHPs as standard and I think in some cases at least, solar panels fitted too. 

bristolleedsfan

British Gas have been added   https://www.moneysavingexpert.com/news/2022/10/octopus-ovo-energy-pay-to-cut-electricity-use/#:~:text=October-,British Gas, Octopus and Ovo to pay customers up to,what we know so far&text=British Gas is the latest,during peak times this winter.

[Deleted User]

badger09 said:

Magnitio said:

Octopus saving sessions t&c's:

https://octopus.energy/saving-sessions-terms-conditions/

Thanks for that. Looks like we’ve fallen at the first hurdle. Smart meters installed 28 Sept but I only recently opted to send 30 min readings so won’t qualify under the 20 day rule. 

Now, should I start a ‘It’s not fair’ rant🤔

That’s very odd as I thought that the 30 minute profile became the default profile some months ago: that is, the consumer had to elect for a profile that wasn’t based 30 minute usage recording. 

Download the App BRIGHT and you should be able to see 30minute usage if you are on that profile - and for how long you have been on it.