Demand Flexibility Service 2023 (and beyond!)

Krakkkers

I took part via loop yesterday but how do I know the results?

The_Hawk

The_Hawk said:

I've had a look through last year's sessions.

When I wasn't around to take advantage of the 3 hour 'In Day Adjustment' period, my average saving was less than 50p.

When I was around to take advantage of the 3 hour 'In Day Adjustment' period, my average saving was around £5.

My conclusion is, that for me, it is just not worth the effort without the 'In Day Adjustment'. For that reason I am out.

In the end I signed up for this winter's Saving Sessions, mostly because of the prospect of a few Octoplus free electricity sessions (and the chance of winning a 'prize'),

So, yesterday, I took part to establish just how poor my return would be under the new arrangements (without the 3 hour 'In Day Adjustment' period).

With my usage already being very low during the peak period, the scope for any worthwhile savings was non-existent. A quick calculation shows, with an almost a complete electricity shut down between 5.30pm and 6.30pm yesterday my 'return' is likely to be in the region of 27p.

The only way I could improve my 'return' is by increasing my usage at peak times (5pm and 7pm), to create a higher baseline, against which I could make bigger savings during the next event. Clearly, such an approach would work against the purpose of driving demand away with from peak times.

Consequently, I see no point in actively taking part in future sessions; I will sign up, in the hope of winning a few extra points/prizes, but the Demand Flexibility Service, in its current format, for me is just not worth the effort.

mmmmikey

Krakkkers said:

I took part via loop yesterday but how do I know the results?

Last year they sent an email out a few days after the event, I assume it will be the same this year....

Krakkkers

How is it paid? i see no details on the app.

MeteredOut

Krakkkers said:

How is it paid? i see no details on the app.

Martin Lewis is personally delivering a cheque to everyones door. 

TheElectricCow

Krakkkers said:

How is it paid? i see no details on the app.

The full details are in loop’s T&Cs, but essentially they’ll keep a running total of how much you earned and in April next year will send you a (currently nondescript) voucher/gift card for that value.

Jyana

My baseline for 5pm-6pm yesterday (BG's hour) was 0.147kwh and I cut it down to 0.06 from my own workings out. Which is 26p under their £3/kWh, but they're rounding each session up to £1. 

Krakkkers

How did you work out your baseline?
I know I used 30wh between 5 and 6 yesterday.

MultiFuelBurner

Krakkkers said:

How did you work out your baseline?
I know I used 30wh between 5 and 6 yesterday.

Previous 10 days at the same time average. Roughly as I think some weighting may be given to the previous day but haven't bothered reading the formula yet.

So we normally consume 1.1kwh on average for 17:30-18:30 over the previous 10 days to the event. We actually used 90wh so could get £2.25 ush in Octopoints.

masonic

MultiFuelBurner said:

Krakkkers said:

How did you work out your baseline?
I know I used 30wh between 5 and 6 yesterday.

Previous 10 days at the same time average. Roughly as I think some weighting may be given to the previous day but haven't bothered reading the formula yet.

So we normally consume 1.1kwh on average for 17:30-18:30 over the previous 10 days to the event. We actually used 90wh so could get £2.25 ush in Octopoints.

It's a simple average of the most recent 10 weekdays without a session but with usable HH data IIRC.

I'm guessing I saved about 0.6 kWh, just eyeballing my previous usage. Lucky I'm not on Agile or I'd have been avoiding usage and would have a much lower baseline.