I have read somewhere that Ovo have introduced a scheme/ plan where you can get up to £100 back for reducing usage between certain hours
Best answer by Blastoise186
View original
Page 1 / 3
Userlevel 7
+1
- Plan Zero Hero
- 6397 replies
-
17 October 2022
- Answer
Updated on 18/12/23 by Abby_OVO
Howdy
Yup, it’s a trial scheme called OVO Power Move. Not everyone will be offered it, but if you’re eligible OVO will let you know. There’s more info available too, which you can find at https://www.ovoenergy.com/blog/ovo-news-power-move
Did you know that between the peak hours of 4pm to 7pm on weekdays, there are high levels of demand on the energy grid? This means the UK’s renewable energy doesn’t go as far, and so dirtier carbon-heavy fossil fuel gets used to fill the gap.
Power Move is about rewarding you for using energy in a way that’s better for the planet. That doesn’t mean using any less energy. Instead, we challenge you to use energy at greener times of the day – in return for credit on your energy bill.
You can find out more on the latest on Power Move, including the latest challenge here, and you can even sign up here if you’ve not already joined.
Thank you will follow this.
+1
Hello
Is anyone out there involved in the Power Move Scheme?
Userlevel 7
+1
- Plan Zero Hero
- 6397 replies
-
20 October 2022
Howdy
I’ve not seen anyone yet but it should be starting soon. There’s a new Group here on the forum too for it! Check it out via https://forum.ovoenergy.com/groups . :)
I've just read that OVO Energy are planning to trial a scheme to encourage customers (with Smart Meters) to reduce their electrical energy consumption between 4 pm and 7 pm each day by ca 6-7% of their daily demand (in our house this would equate to 1.1 kWh - we are 100% electric). In return for this - if successful - the customer would be rewarded with a fixed £20 per month refund against their bill - so could earn £100 refund in the 5 month trial. The trial scheme is reportedly being called "Power Move" (not "Power Drive" as I put in the title!) and is designed to help the National Grid manage peak electricity demand this winter. Has anyone had an email inviting them to take part? Can you think of a better name for the trial? If you were asked and wanted to take part what would you do to reduce your electrical demand during this 3 hour period??
Userlevel 7
+5
- Plan Zero Hero
- 2259 replies
-
25 October 2022
I don’t know of anyone who has had an invite so far (it’ll be interesting to see any responses here) but general move of energy use at that time is a start (perhaps move shower use later and part pre-cook food maybe). Then for those with battery storage, charging overnight and powering during those times is possible.
Userlevel 7
Hey
What an interesting conversation!
I can confirm that we've already invited eligible customers and we'll be contacting those that are part of the trial this Friday with a welcome email.
It’ll be really interesting to see the outcome of the trial, maybe this kind of incentivized balancing on the grid will be rolled out by energy companies on a larger scale in the future.
Userlevel 7
+5
- Plan Zero Hero
- 2259 replies
-
26 October 2022
...
I can confirm that we've already invited eligible customers and we'll be contacting those that are part of the trial this Friday with a welcome email.
...
That’s a shame
Userlevel 7
+2
- Carbon Catcher***
- 234 replies
-
26 October 2022
This is all very odd
Surely the aim is to get as many users taking part as possible to enable the greatest energy shift possible to reduce the peak demands?
For anyone interested, the Octopus scheme, called Saving Sessions (very boring name!), is available to all of their customers with smart meters. It works slightly differently as the price you are paid is per unit of energy saved. For every unit of customers save compared to their normal usage during a specific timeframe they expect to pay customers £4 on average. If this is done on 25 sessions over the winter then you would potentially get £100. This would suggest that anyone who is able to save or shift more units would be paid more.
Userlevel 7
+2
- Plan Zero Hero
- 2667 replies
-
26 October 2022
Hey
What an interesting conversation!
I can confirm that we've already invited eligible customers and we'll be contacting those that are part of the trial this Friday with a welcome email.
It’ll be really interesting to see the outcome of the trial, maybe this kind of incentivized balancing on the grid will be rolled out by energy companies on a larger scale in the future.
https://www.nationalgrideso.com/industry-information/balancing-services/demand-flexibility
This is not the same as the small ovo trial. Octopus have launched their offer.
Userlevel 7
+2
- Carbon Catcher***
- 234 replies
-
26 October 2022
Userlevel 7
+2
- Plan Zero Hero
- 2667 replies
-
26 October 2022
Very unimpressed that OVO don't have a scheme all their customers can sign up for.
Also 5000 for a trail sounds very low, the previous Octopus trial was 100,000.
Hi is this true ovo are offering 20 a month for customers who don't use much engry between 4pm till 7pm
Userlevel 7
+2
- Plan Zero Hero
- 2667 replies
-
1 November 2022
Hi
This is the trial
https://www.google.com/amp/s/www.ovoenergy.com/blog/ovo-news-power-move/amp
Unfortunately OVO have already contacted all those they have chosen to take part
So if you haven't heard yet you won't be part of the trial.
Octopus for example have a scheme open to all their customers. It is not the same, but does offer potential discounts.
+1
Hello Blastoise
I’ve been told that I don’t fit the selection criteria because I have solar so I’m not really interested anymore. Thanks anyway.
Userlevel 7
+2
- Plan Zero Hero
- 2667 replies
-
1 November 2022
Hello Blastoise
I’ve been told that I don’t fit the selection criteria because I have solar so I’m not really interested anymore. Thanks anyway.
It is a different scheme, but Octopus have Saving Sessions open to all their customers
Userlevel 7
Hey
To be honest I’m not sure… I’ll do some digging for you and let you know! 🙂
Why not Solar users?
They are already contibuting massively at each location by dropping power usage - 15kWh per day for example and a lot of that could be during the afternoon peak - so why not reward them to with a fixed daily fee?
Userlevel 7
+2
- Plan Zero Hero
- 2667 replies
-
2 November 2022
Why not Solar users?
They are already contibuting massively at each location by dropping power usage - 15kWh per day for example and a lot of that could be during the afternoon peak - so why not reward them to with a fixed daily fee?
Already plenty of incentives for solar. It would be wasted money.
We need mass participation initiatives.
There were only 1828 SEG customers with OVO in the last financial year out of 5m OVO customers.
Solar is really great but so much better to use and store your solar.
Userlevel 7
Why not Solar users?
They are already contibuting massively at each location by dropping power usage - 15kWh per day for example and a lot of that could be during the afternoon peak - so why not reward them to with a fixed daily fee?
As far as I understand these schemes, the aim is to shift consumption out of the anticipated collective peak demand (that’s when the risk of power cuts will arise, and these schemes are an attempt to reduce that risk). Only consumers who contribute to that existing/anticipated peak can help towards this specific aim. (And battery owners, including EV owners are very unlikely to be contributing to that existing peak. In the depths of winter, I think batteries are much more relevant to this problem than solar panels, though I own neither.)
I don’t follow these things closely, but I believe the market price at these peak times can be very very high, so high that paying a comparable amount to a user not to consume at these times (which is equally cost effective in reducing the risk of power cuts) can seem very generous.
But, we get what we deserve, having elected successive governments that introduced and maintain a market system for the supply of our energy. For that market to function as a market, all the energy traded within each window has to be priced the same as the last deal struck within that window. That’s why our renewable energy (wind and solar) costs us as much as electricity generated by burning gas (gas being expensive, that is generally the supply of last resort).
You may well say that’s a stupid system, and the outrageous profits of the energy generators/extractors in the current period would seem to support that assessment.
If those with political power can be influenced by the behaviour of mere consumers, then I would say we have a duty to “game” the system in whatever way we can to make it more just. (I mean, ruthless exploitation of weaknesses in the schemes’ designs. They’re not all the same by any means.) Only in this way might a stupid system be replaced by a more sensible system.
/rant off, /irony on
Enjoy the coming winter, everyone…
/irony off
Userlevel 7
+2
- Plan Zero Hero
- 2667 replies
-
2 November 2022
Why not Solar users?
They are already contibuting massively at each location by dropping power usage - 15kWh per day for example and a lot of that could be during the afternoon peak - so why not reward them to with a fixed daily fee?
As far as I understand these schemes, the aim is to shift consumption out of the anticipated collective peak demand (that’s when the risk of power cuts will arise, and these schemes are an attempt to reduce that risk). Only consumers who contribute to that existing/anticipated peak can help towards this specific aim. (And battery owners, including EV owners are very unlikely to be contributing to that existing peak. In the depths of winter, I think batteries are much more relevant to this problem than solar panels, though I own neither.)
I don’t follow these things closely, but I believe the market price at these peak times can be very very high, so high that paying a comparable amount to a user not to consume at these times (which is equally cost effective in reducing the risk of power cuts) can seem very generous.
But, we get what we deserve, having elected successive governments that introduced and maintain a market system for the supply of our energy. For that market to function as a market, all the energy traded within each window has to be priced the same as the last deal struck within that window. That’s why our renewable energy (wind and solar) costs us as much as electricity generated by burning gas (gas being expensive, that is generally the supply of last resort).
You may well say that’s a stupid system, and the outrageous profits of the energy generators/extractors in the current period would seem to support that assessment.
If those with political power can be influenced by the behaviour of mere consumers, then I would say we have a duty to “game” the system in whatever way we can to make it more just. (I mean, ruthless exploitation of weaknesses in the schemes’ designs. They’re not all the same by any means.) Only in this way might a stupid system be replaced by a more sensible system.
/rant off, /irony on
Enjoy the coming winter, everyone…
/irony off
It is in the Energy Prices bill which is now law.
The Bill also introducing legislation around the old non fossil fuel contracts which were poor value for money.
Further details to follow.
As far as I understand these schemes, the aim is to shift consumption out of the anticipated collective peak demand (that’s when the risk of power cuts will arise, and these schemes are an attempt to reduce that risk). Only consumers who contribute to that existing/anticipated peak can help towards this specific aim. (And battery owners, including EV owners are very unlikely to be contributing to that existing peak. In the depths of winter, I think batteries are much more relevant to this problem than solar panels, though I own neither.)
With the most up to date solar systems it is possible to chose when you use battery energy. So, a solar system can be set to use battery during that peak time rather than from te grid and se grid power at low demand times.
Userlevel 7
Thanks very much for that info,
Limiting revenue to cost-plus sounds like pretty heavy government intervention, potentially more significant than a “windfall tax” would be, but with the advantage (to them) that its name doesn’t include the bogey word “tax”.
Userlevel 7
With the most up to date solar systems it is possible to chose when you use battery energy. So, a solar system can be set to use battery during that peak time rather than from te grid and se grid power at low demand times.
In the depths of winter, when the risk of these power cuts is greatest, and solar generation is at its least important, I imagine that the best use of those batteries would be to charge them at off-peak times (from the grid) and discharge them at peak times (firstly to meet the owner’s demand, but feeding any surplus back into the grid). By all means generate what you can with solar panels, but in winter, that won’t be much.
A technical question on power move. I was trying to work out how much electricity I used between 4pm and 7pm. The OVO data in my account shows 30 minute intervals. Does the 7pm KWH useage relate to the period from 6.30 to 7pm or from 7 to 7.30pm.
Page 1 / 3
Reply
Log in to the OVO Forum
No account yet? Create an account
Enter your username or e-mail address. We'll send you an e-mail with instructions to reset your password.