Octopus saving sessions

Lorian

Request for bids 16:00 to 18:00

Lorian

17:00 to 18:00 accepted at 160

Lorian

13p per unit

runsonair

Does anyone know why the "rewards" for helping the grid are so low now ? What is happening to the extra money we used to earn for this ? With a system I invested in I kind of begrudge "helping" if some big organisation is getting the "rewards" we used to get. Sadly I'm no longer bothering as it's effectively costing me money to play.

SuzeQStan

Opted in again as it’s been sunny day and battery full enough to cover us this evening after export. Might as well get 28p per kWh 

debitcardmayhem

runsonair said:

Does anyone know why the "rewards" for helping the grid are so low now ? What is happening to the extra money we used to earn for this ? With a system I invested in I kind of begrudge "helping" if some big organisation is getting the "rewards" we used to get. Sadly I'm no longer bothering as it's effectively costing me money to play.

In previous years it was a proof of concept , the NESO guaranteed £1.5 /kWh or often 3.00.
This time no guaranteed price and the suppliers bid , and NESO decides which are accepted. Octopus has had bids rejected several times even a low as 250/100 kWh 20p to you and me. 

Of course the NESO has changed since , not so generous.

PS the big organisation is HM govt.

runsonair

debitcardmayhem said:

runsonair said:

Does anyone know why the "rewards" for helping the grid are so low now ? What is happening to the extra money we used to earn for this ? With a system I invested in I kind of begrudge "helping" if some big organisation is getting the "rewards" we used to get. Sadly I'm no longer bothering as it's effectively costing me money to play.

In previous years it was a proof of concept , the NESO guaranteed £1.5 /kWh or often 3.00.
This time no guaranteed price and the suppliers bid , and NESO decides which are accepted. Octopus has had bids rejected several times even a low as 250/100 kWh 20p to you and me. 

Of course the NESO has changed since , not so generous.

PS the big organisation is HM govt.

Thank you for the info. I guess the game now is to up normal usage during the peak period when there are no saving sessions  Saying that I've now opted out totally, I help the big organisation enough

MikeyPGT

debitcardmayhem said:

runsonair said:

Does anyone know why the "rewards" for helping the grid are so low now ? What is happening to the extra money we used to earn for this ? With a system I invested in I kind of begrudge "helping" if some big organisation is getting the "rewards" we used to get. Sadly I'm no longer bothering as it's effectively costing me money to play.

In previous years it was a proof of concept , the NESO guaranteed £1.5 /kWh or often 3.00.
This time no guaranteed price and the suppliers bid , and NESO decides which are accepted. Octopus has had bids rejected several times even a low as 250/100 kWh 20p to you and me. 

Of course the NESO has changed since , not so generous.

PS the big organisation is HM govt.

Having proved that the concept works it will be interesting to see the figures on what is actually being saved in this round compared to previous years.  I'm still opting in but with a 'reward' of 4p a session it is hardly worth my while and is as much out of habit as anything else.  It almost seems as though NESO aren't really that bothered about making it an attractive option.

runsonair

Having proved that the concept works it will be interesting to see the figures on what is actually being saved in this round compared to previous years.  I'm still opting in but with a 'reward' of 4p a session it is hardly worth my while and is as much out of habit as anything else.  It almost seems as though NESO aren't really that bothered about making it an attractive option.

In all honesty they probably don't need to make it an attractive option any more as the take up now is good enough.

Spoonie_Turtle

According to the streamlit session calculator ( https://savingsessions.streamlit.app ) 2p for yesterday's, for us   doesn't help that the people who'd normally still be out are at home using electricity because it's half term, so actually I'm shocked we saved anything at all.