Octopus Saving Session

_Sam_

tlcgrantham said:

_Sam_ said:

Mstty said:

 Lol what sort of payment are you expecting?

I don't know how to calculate!  

A precise formula and details of how to calculate can be found earlier in this thread. However a rough guide is 75p for each kw used between 5:00am and 8:00pm.

Thank you, 75p sounds great my brain will break at the formula... I think we used about 40kwh between 5-8am, so should be around £30 then.

An extra bonus was today's Intelligent schedule, it included a period 5:30-10am, so this electricity will be at 10p tariff (as opposed to 40p outside of the schedule/night hours)

k_man

paul991 said:

why  do we have a session when we have a surplus and are exporting to Europe  

These session have all been test sessions, to test and then potentially improve the process.

k_man

tlcgrantham said:

_Sam_ said:

Mstty said:

 Lol what sort of payment are you expecting?

I don't know how to calculate!  

A precise formula and details of how to calculate can be found earlier in this thread. However a rough guide is 75p for each extra kw not normally used between 5:00am and 8:00pm.

Slight amendment (for clarity)

_Hazel_

Octopus have asked National Grid to consider changing the 'in day adjustment calculation'.
Found this on Octopus Blog.  Common questions about saving sessions.  Understanding your results. I didn't save as much as I thought - what's going on?

armistice

_Hazel_ said:

Octopus have asked National Grid to consider changing the 'in day adjustment calculation'.
Found this on Octopus Blog.  Common questions about saving sessions.  Understanding your results. I didn't save as much as I thought - what's going on?

 It says: 
This means that some people who prepare for their Saving Session by switching off hours in advance might end up earning slightly less during their Sessions. We can’t change how we calculate this (it’s a requirement to be part of the grid’s project!) But, we have asked National Grid to consider changing the in-day adjustment calculation so it doesn’t negatively impact the Savers that prepare further in advance.


So it would appear Octopus are requesting a change to prevent any negative in-day adjustment.

powerful_Rogue

It's interesting if you read that FAQ bit in full. They encourage you to use energy before the cut off period to get a bigger saving.

Try to shift more of your peak energy to before the Session – e.g. try to run the washing and cook earlier rather than later – and avoid switching everything off hours ahead of time.

Couldn’t I just game the system by using much more power before the Session?

We can’t blame you for wondering! But the cost of using much more energy every day over Winter just so you can earn more during a few hours of Saving Sessions just wouldn’t add up favourably in the end.

Petriix

powerful_Rogue said:

It's interesting if you read that FAQ bit in full. They encourage you to use energy before the cut off period to get a bigger saving.

Try to shift more of your peak energy to before the Session – e.g. try to run the washing and cook earlier rather than later – and avoid switching everything off hours ahead of time.

Couldn’t I just game the system by using much more power before the Session?

We can’t blame you for wondering! But the cost of using much more energy every day over Winter just so you can earn more during a few hours of Saving Sessions just wouldn’t add up favourably in the end.

Yet their answer is somewhat flawed seeing how they've missed the benefit of simply maximising usage in the 3 hour adjustment window. Ironically enough (through bad design) if you typically have minimal usage in those 3 hours then the IDA has a greater effect. 

t0rt0ise

Petriix said:

powerful_Rogue said:

It's interesting if you read that FAQ bit in full. They encourage you to use energy before the cut off period to get a bigger saving.

Try to shift more of your peak energy to before the Session – e.g. try to run the washing and cook earlier rather than later – and avoid switching everything off hours ahead of time.

Couldn’t I just game the system by using much more power before the Session?

We can’t blame you for wondering! But the cost of using much more energy every day over Winter just so you can earn more during a few hours of Saving Sessions just wouldn’t add up favourably in the end.

Yet their answer is somewhat flawed seeing how they've missed the benefit of simply maximising usage in the 3 hour adjustment window. Ironically enough (through bad design) if you typically have minimal usage in those 3 hours then the IDA has a greater effect. 

They may not have missed it but won't want to advertise how to game the system.

Mstty

Ok perhaps someone can work this out for me

Baseline average over the last 10 days between 9-10 was 2.1kwh. 

Today's usage between 5-8am was 14kwh

During the 9-10am slot we used 0.7kwh

The payment from loop is £2.50/kwh

MouldyOldDough

Why are Octopus giving so little warning about saving sessions ?

I missed this mornings session - didn't tick the box -  because I only received an email at 20 to 7 last night  !

Could it be that they are not really interested in "saving energy" - and dont really want everyone switching off - just in IMAGE ?