Octopus Saving Sessions

[Deleted User]

MouldyOldDough said:

Have received first time - 17:00 to 18:00 today

£2.25 for each 1kW that we can reduce our use by during this hour

The thing is that we don't even use 1kW during the hour - so can't benefit !

I would think you can - it's not likely to be calculated in 1kWh blocks, particularly when this earns you 1800 'octopoints' or whatever they call them.

Much more likely that you can earn points in smaller amounts by saving smaller amounts.

brewerdave

MouldyOldDough said:

Have received first time - 17:00 to 18:00 today

£2.25 for each 1kW that we can reduce our use by during this hour

The thing is that we don't even use 1kW during the hour - so can't benefit !

The other thread running ,suggests that a fractional saving will still pay something ?

Raxiel

Well we'd normally only be able to save about one unit during that period, but it just so happens we've been forced into some atypically high usage over the last few days, so we might do a little better.

Just as well we were planning on the slow cooker today anyway.

Petriix

It's 1800 'Octopoints' per kWh saved. As there are 3600 seconds in an hour it is effectively 1 point per 2s that you reduce your average demand by 1kW. Or, more tangibly, 1 point per 200 seconds that you reduce your demand by 10W. Each point is worth 0.125p. So cutting your demand by 100W for the full hour will earn you 22.5p. I think I can just about save 500Wh so roughly £1.12, depending on how they calculate the 'In Day Adjustment'.

Martico

Got the same - if it's not raining I'll turn things off and go out for a walk. 

nologo

I'm in as well, just means a late evening meal, I can live with that.

MouldyOldDough

Petriix said:

It's 1800 'Octopoints' per kWh saved. As there are 3600 seconds in an hour it is effectively 1 point per 2s that you reduce your average demand by 1kW. Or, more tangibly, 1 point per 200 seconds that you reduce your demand by 10W. Each point is worth 0.125p. So cutting your demand by 100W for the full hour will earn you 22.5p. I think I can just about save 500Wh so roughly £1.12, depending on how they calculate the 'In Day Adjustment'.

Apparently not

They work in 1/2 hour blocks

T&C

11. "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."

double_dutchy

MouldyOldDough said:

They don't make it obvious

It's in the FAQs - they compare the relevant time period to the previous 10 weekdays at the same time (if a weekday) or the previous 4 weekend periods at the same time (if a weekend) - excluding any time periods that were also saving sessions.

They also make an "in day adjustment", which presumably means you can't benefit when you are on holiday, for example, because although your usage will be low during the saving session it will presumably also be low for that whole day.

Petriix

MouldyOldDough said:

Petriix said:

It's 1800 'Octopoints' per kWh saved. As there are 3600 seconds in an hour it is effectively 1 point per 2s that you reduce your average demand by 1kW. Or, more tangibly, 1 point per 200 seconds that you reduce your demand by 10W. Each point is worth 0.125p. So cutting your demand by 100W for the full hour will earn you 22.5p. I think I can just about save 500Wh so roughly £1.12, depending on how they calculate the 'In Day Adjustment'.

Apparently not

They work in 1/2 hour blocks

T&C

11. "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."

It being split into half hour blocks doesn't change what I said. It just means that you'll get some benefit even if you only manage to save energy in one of the blocks but not the other. 

badger09

Freezer off, fridge freezer off, tvs & 1 Sky+ box off, gas CH off in case pump came on, sitting in candlelight catching up on here😇