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'Octopus and Ovo to pay customers up to £100 this winter to reduce their electricity use at peak times – what we know so far'
MSE News: Octopus and Ovo to pay customers to reduce their electricity use at peak time this winter
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Two of the largest energy firms in Great Britain, Octopus and Ovo, will pay households up to £100 to cut their electricity usage during peak times this winter, as part of new schemes aimed at preventing power shortages. The schemes will run from 1 November to 31 March 2023, though the exact details of how they'll work are yet to be confirmed. Here's what we know.
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Well I'm with Octopus and - first requirement, you need to have a smart meter. We don't have one. Don't want one either.
Second requirement - don't use electricity during the evening peak time between around 4.30pm and 6.30pm
We only have an electric oven (not from choice but because we live in a council flat that was only allowed to be all electric for H&S reasons when we first moved in so we had to get rid of our fabulous gas oven and buy a brand new electric one - but we do prefer gas ovens).
So it's all just rubbish for us - or we could just have sandwiches for tea on those days. Even so, we'd want a hot cuppa, surely. . . and maybe even a hot pudding?
I love perks as much as the next person but have fallen at the first (and every other) hurdle with this one. Thanks again, Octopus.Please note - taken from the Forum Rules and amended for my own personal use (with thanks) : It is up to you to investigate, check, double-check and check yet again before you make any decisions or take any action based on any information you glean from any of my posts. Although I do carry out careful research before posting and never intend to mislead or supply out-of-date or incorrect information, please do not rely 100% on what you are reading. Verify everything in order to protect yourself as you are responsible for any action you consequently take.0 -
What do you expect them to do if you refuse a smart meter?
And you've misunderstood the rest of it. It's not "don't use electricity between 4.30 and 6.30" it's "use less electricity". It wouldn't be possible for you to cook at 6:31? Or boil the kettle at 4:29? Maybe even only boil it once in the two hours rather than multiple times - that's already less electricity and would qualify you.
I think you weren't really the target for this scheme then.
I worry for any sort of innovative scheme if this is the response it gets - "OMG you are forcing me to eat only sandwiches".7 -
This could be a definite incentive to me to hurry up our SM installation request. Great to finally see something in place that might begin to convince some of the tinfoil hatters of the possible positive attributes of SM's as well!
Having read the detail (such as is known currently) I suspect we simply wouldn't be able to make the required cuts actually as we would usually use so little during those peak times anyway - we literally wouldn't have 0.7kWh use in the first place, never mind being able to reduce by that much! If we were people who would usually use energy in that timeslot though it would certainly be a good incentive to rearrange things just a little to se if we could hit the target reduction amounts.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00
Balance as at 31/12/23 = £112,000.00SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her2 -
MalMonroe said:Well I'm with Octopus and - first requirement, you need to have a smart meter. We don't have one. Don't want one either.
Second requirement - don't use electricity during the evening peak time between around 4.30pm and 6.30pm
We only have an electric oven (not from choice but because we live in a council flat that was only allowed to be all electric for H&S reasons when we first moved in so we had to get rid of our fabulous gas oven and buy a brand new electric one - but we do prefer gas ovens).
So it's all just rubbish for us - or we could just have sandwiches for tea on those days. Even so, we'd want a hot cuppa, surely. . . and maybe even a hot pudding?
I love perks as much as the next person but have fallen at the first (and every other) hurdle with this one. Thanks again, Octopus.
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I would be interested to know whether it's only open to people who have smart meters from the beginning, or if eligibility is on a rolling basis (e.g. once we have X weeks' usage data you can qualify for the next one).MalMonroe said:So it's all just rubbish for us - or we could just have sandwiches for tea on those days. Even so, we'd want a hot cuppa, surely. . . and maybe even a hot pudding?
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@MalMonroe
What a strange reaction. You make it sound as though Octopus has singled you out and devised a scheme specifically to exclude you. They haven’t.FWIW we won’t benefit either. We do have Smart Meters very recently installed because I envisaged more TOU tarrifs being introduced. However, we use very little electricity during those hours. Short of turning off fridge freezer, router, etc, it isn’t possible for us cut consumption.But hopefully many households will be able to shift their usage a little, easing the load on the grid & saving a few £s at the same time.7 -
Happy to see schemes like this getting launched.We will not benefit directly as we use zero electricity during that time period having already taken the steps necessary to shift our load out of the peak period.1
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I'm with OVO but cannot have a smart meter. They have tried twice to fit one, but there is no signal that they can lock onto.Debt free and Keeping on Track0
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badger09 said:FWIW we won’t benefit either.Nor will we, our usage looks something like this:Not much scope to reduce the evening use!
N. Hampshire, he/him. Octopus Go elec & Tracker gas / Shell BB / Lyca mobi. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 30MWh generated, long-term average 2.6 Os.Taking a break, hope to be back eventually.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs.0 -
MalMonroe said:Well I'm with Octopus and - first requirement, you need to have a smart meter. We don't have one. Don't want one either.
Second requirement - don't use electricity during the evening peak time between around 4.30pm and 6.30pm3
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