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Octopus - Octoplus Rewards (points/money off/free electricity)

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  • Netexporter
    Netexporter Posts: 1,961 Forumite
    1,000 Posts First Anniversary Name Dropper
    Hearsay on boards well that won't help anyone really

    They might as well close the board, right now, then.

  • Hearsay on boards well that won't help anyone really

    They might as well close the board, right now, then.


    The point is you seem to "need" this backout clause personally so go and get it from the source for your own comfort.

    As someone once said to me here isn't useless info without a source or evidence.
  • Can you unjoin if, somehow, Octoplus turns out to be disadvantageous in combination with a particular tariff?
    You’ll have to opt in to each Octoplus event manually when invited so, presumably, you would just have to not join any that wouldn’t be to your benefit. I’m sure if you really wanted to deregister entirely that would be possible too by contacting Octopus, just as was the case with last year’s DFS saving sessions if I remember correctly.
    Moo…
  • Netexporter
    Netexporter Posts: 1,961 Forumite
    1,000 Posts First Anniversary Name Dropper
    You’ll have to opt in to each Octoplus event manually when invited so, presumably, you would just have to not join any that wouldn’t be to your benefit.

    Good point. I'd better sign up!



    Obviously, I'm only really joining for the enhanced WoF experience

  • born_again
    born_again Posts: 20,449 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Hearsay on boards well that won't help anyone really

    They might as well close the board, right now, then.

    Don't rely – verify!

    Our Forum offers a wealth of MoneySaving wisdom, tips, hints and information both new and historical. However, some of the information changes quickly, is opinion or may be incorrect. We don't verify or take responsibility for what is posted by the community. No two people have the same circumstances or experience and it is up to you to investigate, check and check again before you make any decisions or take any action based on information you glean from our community. Remember, don't rely on what you are reading. Verify it and protect yourself. You are responsible for any action you consequently make.


    Covered in FAQ...

    Life in the slow lane
  • masonic
    masonic Posts: 27,223 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 27 October 2023 at 5:30PM
    Can you unjoin if, somehow, Octoplus turns out to be disadvantageous in combination with a particular tariff?
    Have you read the terms and conditions? If unclear twitter (X) octopus customer services.
    Yes, I have read the T&Cs, which haven't answered my questions. I have asked here because other people have asked similar and may have got an answer from Octopus.
    After reading Clause 2 of the general section, what remaining questions do you have about the process for "unjoining"? As mentioned above, there shouldn't be any need to get out of Octoplus entirely if you just don't wish to be part of the Savings Sessions or Free Electricity elements of the scheme.
  • Didn't want to create a new thread just for this so thought I'd make a little aside here:

    Relatively recently joined Octopus and I am happy so far. I just noticed though on their website that they say one of the reasons they are so good is due to their platform. However, there is no secret that the platform is made by another company (Kraken) and the platform is also in use by several other utilities including Eon.

    So while nothing said is dishonest, the quality of the platform is almost presented as a unique selling point which it clearly isn't.
  • Andreg
    Andreg Posts: 188 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Didn't want to create a new thread just for this so thought I'd make a little aside here:

    Relatively recently joined Octopus and I am happy so far. I just noticed though on their website that they say one of the reasons they are so good is due to their platform. However, there is no secret that the platform is made by another company (Kraken) and the platform is also in use by several other utilities including Eon.

    So while nothing said is dishonest, the quality of the platform is almost presented as a unique selling point which it clearly isn't.
    Kraken technologies is a subsidiary of Octopus Energy Group.  If you want to discuss Kraken further I suggest creating another thread - this one is about Octoplus.
  • Andreg
    Andreg Posts: 188 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Does anyone have any idea how often the free electricity sessions will occur?   It may just be an experiment with one or two free electricity sessions over  the next few months, or they might give us free electricity every time the wholesale price goes negative.  Presumably Octopus would make a profit by supplying lots of negatively priced electricity for free?

    If the free electricity sessions are reasonably frequent it may be worth purchasing some smart socket switches to make use of the free energy.  I'm guessing they will be at times when the Agile electricity price is negative - i.e. usually between 2am and 5am - so I will not be jumping out of bed to turn on heaters!
  • Netexporter
    Netexporter Posts: 1,961 Forumite
    1,000 Posts First Anniversary Name Dropper
    Does anyone have any idea how often the free electricity sessions will occur?

    Only Michael Fish.

    Half-hourly prices are decided a day ahead, but assuming the free sessions coincide with the plunge prices on Agile, then there should be at least a couple of sessions a month.

    The cut demand things might be more often, in the winter months, at least.

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