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Octopus saving sessions

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  • Who will pay for all this? Oh, I know, the elderly who need their heat to survive. Octopus are a disgrace!!!
    Ill informed and incorrect rant as it's a national grid scheme.  Well done.

    I need my heat and will still be running my heating during the saving session.  For the sake of the literal single penny of electric the pump on the boiler will consume in that time and the amount of reward (perhaps equivalent to 2p) from turning it off, I don't think I'll bother. 
    Proud member of the wokerati, though I don't eat tofu.Home is where my books are.Solar PV 5.2kWp system, SE facing, >1% shading, installed March 2019.Mortgage free July 2023
  • MeteredOut
    MeteredOut Posts: 3,059 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Who will pay for all this? Oh, I know, the elderly who need their heat to survive. Octopus are a disgrace!!!
    Will no-one think of the elderly!!!
  • Who will pay for all this? Oh, I know, the elderly who need their heat to survive. Octopus are a disgrace!!!
    Ill informed and incorrect rant as it's a national grid scheme.  Well done.

    I need my heat and will still be running my heating during the saving session.  For the sake of the literal single penny of electric the pump on the boiler will consume in that time and the amount of reward (perhaps equivalent to 2p) from turning it off, I don't think I'll bother. 
    the heating is 1 of the very few things that remains on same as fridge and freezer also wifi and thats it, even the laptop runs on its battery and poor alexa thinks she has upset me
  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,316 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Who will pay for all this? Oh, I know, the elderly who need their heat to survive. Octopus are a disgrace!!!
    Will no-one think of the elderly!!!
    Sorry, I HAD to do it

    GIF description: Helen Lovejoy from The Simpsons crying and asking "oh, won't somebody please think of the elderly?"
  • debitcardmayhem
    debitcardmayhem Posts: 12,742 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 17 January 2024 at 4:59PM
    Who will pay for all this? Oh, I know, the elderly who need their heat to survive. Octopus are a disgrace!!!
    Will no-one think of the elderly!!!
    I am bluddy elderly, and I am not worth worrying about, certainly not by an uninformed ranter. What’s a maverick coming on here on a Wednesday, they usually turn up after 6pm Friday,
     You seem to know less than anything
    4.8kWp 12x400W Longhi 9.6 kWh battery Giv-hy 5.0 Inverter, WSW facing Essex . Aint no sunshine ☀️ Octopus gas fixed dec 24 @ 5.74 tracker again+ Octopus Intelligent Flux leccy
  • Just hd an update on whatsapp, surprise session 17/01/23 , guess i missed it…..🤖
    4.8kWp 12x400W Longhi 9.6 kWh battery Giv-hy 5.0 Inverter, WSW facing Essex . Aint no sunshine ☀️ Octopus gas fixed dec 24 @ 5.74 tracker again+ Octopus Intelligent Flux leccy
  • FreeBear
    FreeBear Posts: 18,230 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Who will pay for all this? Oh, I know, the elderly who need their heat to survive. Octopus are a disgrace!!!
    Will no-one think of the elderly!!!

    And what about the children ????
    Her courage will change the world.

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • Pat38493 said:
    The next Saving Session:
    Today for 1 hour between 17:30 - 18:30
    Opt in now to earn 1800 Octopoints - worth £2.25 - for every unit of power you save."

    Now available for opt-in.

    I'm curious - does anyone know why we have to specifically opt in to each session, since there is no apparent penalty for not saving any power, so there is nothing to lose on my side?  Shouldn't they have a blanket opt in option?  

    To possibly answer my own question, maybe it's because these are tests and they want to know who is actually aware of it?
    It’s true that if you opt in and fail to save anything there’s no penalty to yourself, but only because that penalty would actually be absorbed by Octopus instead of being passed to you.

    Any increase in usage over the savings period would count against the total payout Octopus receives from NGESO (to pass on to the customers), so it’s really in their business interests to make sure the majority of people who are opted in intend to make a saving. In an extreme example, if everyone was automatically opted in and the people not taking part end up using more energy than what was saved by those who do take part, this would result in Octopus having to pay money back to NG as well as paying out to all the customers who did save - that could be a very costly mistake.

    And of course in addition to this, as you point out, more can be gained from the data by having some positive confirmation on which households are and aren’t choosing to take part on any given day. Otherwise there’d be no way to tell who made an active reduction and who just happened to be going out for dinner tonight.
    Moo…
  • SuzeQStan
    SuzeQStan Posts: 1,680 Forumite
    1,000 Posts Fourth Anniversary Homepage Hero Photogenic
    Just hd an update on whatsapp, surprise session 17/01/23 , guess i missed it…..🤖
    Gotta get back in time ⏰⏲️📆
    Lancashire
    PV 5.04kWp SW facing
    Solar Battery 6.5 kWh 
    🐙 Intelligent Go

    Mortgage freedom January 2024 - paid off 7 years early by making overpayments where we could.

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