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Octopus Saving Session

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  • Chrysalis
    Chrysalis Posts: 4,705 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    armistice said:
    Chrysalis said:
    I see some people making decent money from this now the grid's silly formula got worked out, I stayed honest though and have just under £2 so far. :)

    Are you suggesting some are being dishonest?
    I am saying I stayed honest, I didnt use extra energy in the proceeding hours to game the system, what you want to interpret that is up to you.
  • _Sam_
    _Sam_ Posts: 313 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 31 January 2023 at 4:09PM
    Chrysalis said:
    armistice said:
    Chrysalis said:
    I see some people making decent money from this now the grid's silly formula got worked out, I stayed honest though and have just under £2 so far. :)

    Are you suggesting some are being dishonest?
    I am saying I stayed honest, I didnt use extra energy in the proceeding hours to game the system, what you want to interpret that is up to you.
    If you have a look through this thread, most of the people commenting here didn't use extra energy either. They simply shifted their energy use from one period to another, which in effect is the reason for having a saving session (i.e. it is not to stop using energy altogether, but to use it at a different time).
    Gas: warm air central heating, instant water heater, Octopus tracker
    Electricity: 3kw south facing solar array, EV, Octopus intelligent
  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    We have no EV or other really heavy duty items. We used an extra 2 kWh last week and our saving sessions earned us £17.28. That's a net gain of about £16.50.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Chrysalis
    Chrysalis Posts: 4,705 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    _Sam_ said:
    Chrysalis said:
    armistice said:
    Chrysalis said:
    I see some people making decent money from this now the grid's silly formula got worked out, I stayed honest though and have just under £2 so far. :)

    Are you suggesting some are being dishonest?
    I am saying I stayed honest, I didnt use extra energy in the proceeding hours to game the system, what you want to interpret that is up to you.
    If you have a look through this thread, most of the people commenting here didn't use extra energy either. They simply shifted their energy use from one period to another, which in effect is the reason for having a saving session (i.e. it is not to stop using energy altogether, but to use it at a different time).
    I didnt say they was gaming the system.
  • I'm no expert but, thinking it through, it's very likely that if the electric companies purchase segments of power in advance, they then really want it used, and this would apply whether the person has shifted their normal use from that saving hour or whether they're "gaming the system".
    Warning: any unnecessary disclaimers appearing under my posts do not bear any connection with reality, either intended, accidental or otherwise. Your statutory rights are not affected.
  • Chrysalis
    Chrysalis Posts: 4,705 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Dont know what to say, people seem easily offended for interpreting something in their own way, sorry I wont apologise for something I didnt say, you just need to get over it really.
  • masonic
    masonic Posts: 27,187 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 1 February 2023 at 5:46PM
    I'm no expert but, thinking it through, it's very likely that if the electric companies purchase segments of power in advance, they then really want it used, and this would apply whether the person has shifted their normal use from that saving hour or whether they're "gaming the system".
    It's mostly around supply. The period 1-3 hours before the peak is unlikely to be a high demand period itself, so if the grid can cope with the load shift then that's objective achieved. If so much load is shifted that the 1-3 hour prior period just becomes the new peak, then the coal burning / power outages just start early. Seems highly unlikely that enough people will shift enough power for the latter.
  • k_man
    k_man Posts: 1,636 Forumite
    1,000 Posts Second Anniversary Name Dropper
    masonic said:
    I'm no expert but, thinking it through, it's very likely that if the electric companies purchase segments of power in advance, they then really want it used, and this would apply whether the person has shifted their normal use from that saving hour or whether they're "gaming the system".
    It's mostly around supply. The period 1-3 hours before the peak is unlikely to be a high demand period itself, so if the grid can cope with the load shift then that's objective achieved. If so much load is shifted that the 1-3 hour prior period just becomes the new peak, then the coal burning / power outages just start early. Seems highly unlikely that enough people will shift enough power for the latter.
    I think that depends on when the current in day adjustment calculation is modified.
    And whether the current significant financial benefit of shifting to the IDA (and potentially using extra unnecessary energy) gets picked up by mainstream or social media, or posted on HotUKDeals etc.
  • masonic
    masonic Posts: 27,187 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 1 February 2023 at 6:02PM
    k_man said:
    masonic said:
    I'm no expert but, thinking it through, it's very likely that if the electric companies purchase segments of power in advance, they then really want it used, and this would apply whether the person has shifted their normal use from that saving hour or whether they're "gaming the system".
    It's mostly around supply. The period 1-3 hours before the peak is unlikely to be a high demand period itself, so if the grid can cope with the load shift then that's objective achieved. If so much load is shifted that the 1-3 hour prior period just becomes the new peak, then the coal burning / power outages just start early. Seems highly unlikely that enough people will shift enough power for the latter.
    I think that depends on when the current in day adjustment calculation is modified.
    And whether the current significant financial benefit of shifting to the IDA (and potentially using extra unnecessary energy) gets picked up by mainstream or social media, or posted on HotUKDeals etc.
    True, the current system won't survive its mechanics becoming popular knowledge. I'd be interested if anyone has any stats on load during the IDA period vs the highly advertised reduction during the SS.
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