Off peak electric scheme from national grid (info?)

jam_rs

Hi keep reading in news articles about an off peak electric scheme done via National Grid, it seems octopus energy was the first company to offer it but it’s going to be rolled out to others in November?

Cant seem to find much info on it, anyone know about it?

QrizB

There hasn't been any announcement to consumers yet, so far as I can tell.

focusonskill

I remember reading somewhere that it has been scrapped as part fo the min-budget U-turn. I can't remember where I read now. 

[Deleted User]

jam_rs said:

Hi keep reading in news articles about an off peak electric scheme done via National Grid, it seems octopus energy was the first company to offer it but it’s going to be rolled out to others in November?

Cant seem to find much info on it, anyone know about it?

Octopus had a trial to see if some sort of scheme would work - it wasn't the start of the real thing.

It seems like each supplier has the choice whether to be part of the real scheme or not, rumour is that BG have said no, E.ON and Octopus have said yes.  You would need a working smart meter that is successfully providing 30 minute readings to your supplier to take part.

It's a strange scheme - sounds like it is paying you if you use less at peak time than you did the month before.

QrizB

focusonskill said:

I remember reading somewhere that it has been scrapped as part fo the min-budget U-turn.

I hope not, it's still being promoted in today's news!

Take your pick from the following outlets:

https://www.theguardian.com/business/2022/oct/20/national-grid-to-pay-households-more-to-use-off-peak-power

https://www.bbc.com/news/business-63329233

https://inews.co.uk/inews-lifestyle/money/bills/national-grid-increases-payout-for-households-taking-part-in-anti-blackout-scheme-1922457

https://www.msn.com/en-gb/finance/other/power-off-from-4-7pm-to-save-c2-a3240-this-winter/ar-AA13djFD

https://www.mirror.co.uk/money/brits-100-using-washing-machine-28294522

ariarnia

the ovo scheme (or a scheme) is starting in november. they are using existing data to identify people to take part (probably to reduce the chance of people trying to game the system for personal profit) and people should be having an email about now if that includes them. don't know if this is in addition to or in place of the national scheme in the news. 

https://www.ovoenergy.com/blog/ovo-news-power-move

littleteapot

jam_rs said:

Hi keep reading in news articles about an off peak electric scheme done via National Grid, it seems octopus energy was the first company to offer it but it’s going to be rolled out to others in November?

Cant seem to find much info on it, anyone know about it?

Off peak electricity 'schemes' have been available for decades. Called Economy 7 Tarriffs. Other variants have appeared over the years such as E10, THTC, and more recently tariffs targeted at EV owners such as Octopus Go.

silvercar

ariarnia said:

the ovo scheme (or a scheme) is starting in november. they are using existing data to identify people to take part (probably to reduce the chance of people trying to game the system for personal profit) and people should be having an email about now if that includes them. don't know if this is in addition to or in place of the national scheme in the news. 

https://www.ovoenergy.com/blog/ovo-news-power-move

I'm curious to know how they are going to choose who gets the chance to participate. I haven't heard anything.

Also, this isn't the same as the National Grid scheme that actually pays people to use electricity after 9pm. Anyone with an electric car could be earning ££££.

ariarnia

silvercar said:

Also, this isn't the same as the National Grid scheme that actually pays people to use electricity after 9pm. Anyone with an electric car could be earning ££££.

do we actually know the details of the scheme or just whats been reported in the newspapers and the broad strokes? we saw with the price guarentee that the initial announcement took a few weeks and changes before the details of how it would work in practice were known (and then it all changed a few days ago anyway!)

[Deleted User]

silvercar said:

ariarnia said:

the ovo scheme (or a scheme) is starting in november. they are using existing data to identify people to take part (probably to reduce the chance of people trying to game the system for personal profit) and people should be having an email about now if that includes them. don't know if this is in addition to or in place of the national scheme in the news. 

https://www.ovoenergy.com/blog/ovo-news-power-move

I'm curious to know how they are going to choose who gets the chance to participate. I haven't heard anything.

Also, this isn't the same as the National Grid scheme that actually pays people to use electricity after 9pm. Anyone with an electric car could be earning ££££.

Sorry - what scheme is this where you are paid to use electricity after 9pm?

Nothing that I've ever heard of, or can find any reference to.