If I stick to 3p per hr within the 4 - 7pm daily time range will I be under the 13.5% or less of my total daily electricity during these peak hrs. It would be helpful to know what in pence terms we need to keep under to not go over this goal?
Power Move Target- What does the % equate to in pence?
Best answer by Emmanuelle_OVO
Hey
Welcome to the OVO Online Community,
The following info explains more in depth about how the target is worked out:
For Peak Move challenges, this target will be a percentage that you need to reduce your peak time (4pm to 7pm) electricity use to. For example, you might be challenged to use 10% or less of your daily energy between 4pm and 7pm.
How does OVO calculate if I’ve hit the Monthly Target?
Peak Move - This is calculated using your half-hourly readings (measured by your smart meter) each weekday during each month. To work out the percentage, we look at how much electricity you use during the peak hours (specific to that Power Move challenge) and compare this to your total consumption for that day.
For example:
Challenge Type: Peak Move - shift your non-essential electricity usage out of the peak (4-7pm each weekday). Your peak electricity usage must be 12.5% or less of your daily use to be rewarded £10 per month.
You may use 10kWh of electricity on a weekday (Monday to Friday). If, between 4pm and 7pm, you then use 2kWh of electricity, your peak electricity consumption for Monday would be 20%.
A customer needs to average out to 12.5% or less of their monthly peak electricity usage to be successful.
Green Move - This is calculated using your half hourly readings (measured by your smart meter) each weekday, during each month. To work out the percentage, we look at how much electricity you use during the specified time slot (specific to that Power Move challenge) and compare this to your total consumption for that day.
For example:
Challenge type: Green Move - shift your non-essential electricity into a greener time (5-7am each weekday). Your electricity usage during this time period must be 20% or more of your daily use to be rewarded £10 per month.
You may use 10kWh of electricity on a weekday (Monday to Friday). If, between 5am and 7am, you use 4kWh of electricity, your Green Move electricity consumption for Monday would be 40%.
If you successfully hit the Monthly Target, and if you have followed the Power Move Terms and Conditions, and any Individual Power Move Challenge Rules, then we’ll credit your account with the reward for that month.
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