Saving Periods’ future is in jeopardy.
This Friday twenty second November, the power regulator Ofgem are deciding:
– Whether or not the service ought to proceed in any respect
– How a lot reward clients ought to obtain for participating
The proposal they’re assessing would scale back the reward you obtain by ~90%. The place beforehand, we usually paid you £2.25 per unit you saved, it will be extra like 22p per unit as an alternative.
Need Saving Periods to stay round, and keep helpful? You’ve obtained 24 hours to have your say.
UPDATE twenty first November: NESO and Ofgem have simply rushed out a choice that would cut back your reward. Assist us change their minds.
Why may the Saving Periods rewards change or finish?
Saving Periods is a part of an initiative from the federal government owned “Nationwide Vitality System Operator” (NESO): the Demand Flexibility Service. That implies that NESO consider your efforts when balancing the grid, and so they give us (and all power suppliers) the funding to reward you for participating.
They’ve arrived on the decrease reward as a result of that’s the form of quantity they pay a fuel plant to activate to cowl the busiest time of day (it does range – as would future Saving Periods rewards). Nevertheless it’s not a good comparability – they pay the fuel vegetation some huge cash “simply in case”, in addition to the per-usage prices. There’s no proposal to do the identical for patrons.
We have contacted a handful of consumers about this already, however will not have time to succeed in everybody – if you wish to become involved, this is how:
E mail Ofgem
This button ought to open up a brand new draft e mail for you, already populated with the correct e mail tackle and a template reply to ship to (or in fact, you are welcome to do it in your personal phrases)!
If that does not work, e mail [email protected] and duplicate in good [email protected] with the topic line “Please save the Demand Flexibility Service.”
OR have your say on social media
X (Twitter) might be best – utilizing @Ofgem, @OctopusEnergy and #SaveTheDFS – however they’re additionally on Linkedin.
Saving Periods has confirmed that our power system might be extra self-sufficient, sustainable, and rewarding for residents.
It’s not the time to stamp all that progress out.
The UK power system must spend money on that future, as an alternative of counting on extra of the identical imported fossil fuels that triggered a once-in-a-generation power disaster only a few years in the past.
We predict Saving Periods has been an enormous success: saving a small gas-powered station’s value of energy every time the grid wanted it, and a whole lot of tonnes of carbon emissions.
Nearer to dwelling, it decreased your payments by £10 million over the previous two winters, and raised £400,000 in donations for patrons battling their payments, and to not point out probably 1000’s extra household board video games performed, books opened, canine walked, hobbies picked up (and, lets be trustworthy, pints downed).
We hope you liked Saving Periods as a lot as we did. Nevertheless you felt about it, we wished to present you an opportunity to have your say.
