What Are Octoplus Saving Sessions?
A Saving Session usually lasts 1-4 hours during which customers can earn rewards (OctoPoints) for using less electricity than usual. Reducing energy consumption at certain times of the day can have a bigger impact on the planet, the energy system and your wallet. With Saving Sessions you're paid to use less power.
Why Are Octopus Running Saving Sessions?
Presently when there's not enough renewable energy to satisfy demand, the UK has to fire up extra dirty coal and gas stations. Rather than pay these very expensive fossil fuel generators to turn on when demand is high, Saving Sessions reward people for not using energy during these peak periods. Shifting energy usage not only cuts carbon emissions but helps balance the national grid, and customers also save on their bills by actively participating in making energy smarter, cheaper and greener.
Who Pays For Octoplus Saving Sessions?
The project is funded by National Grid. It’s much cheaper for them to pay consumers to use a bit less energy than for them to pay expensive fossil fuel generators to switch on at short notice.
How Much Are The Saving Session Rewards?
Rewards are earned for every kWh of electricity you don't use compared to your normal usage. If you took part in 12 sessions last winter and saved an average of 1 kWh of electricity per session, your OctoPoint rewards would have been approximately £36. However there could be around 25 sessions in total, so you could earn around £100.
Are There Any Other Octoplus Rewards?
If signed up to the Octoplus Rewards programme, you'll also have access to free electricity when the grid is greenest. Octopus will give you at least a few hours' notice of Free Electricity Sessions, maybe a day's notice. Just opt in and you'll be credited back for any electricity you use in each session. The rewards scheme also guarantees you prizes with the Wheel of Fortune and you'll get extra Octopoints for friend referrals and solar referrals.
What Can I Do With My Octopoints?
You can convert Octopoints into credit on your Octopus account at any time and you'll soon be able to multiply your points and redeem exclusive rewards with Octopus Energy partners or buy Octopus merchandise through Shoptopus, their online store. Octopus reckon most customers could gain nearly £200 of rewards per year by just taking part.
How Do I Join The Octoplus Rewards Scheme?
For more information about the Octoplus Rewards Programme please visit the Octopus Energy website. You'll also find specific details about Saving Sessions by clicking here or visiting the Octopus Saving Sessions FAQ page.
Remember, if you're just joining Octopus, use my
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Use my Octopus Energy referral link for your switch and Octopus will add £50 account credit for us both when your switch completes and you've made your first payment or top up. You'll also receive an extra £25 from me, which I'll pay via your choice of Amazon gift card, PayPal or bank transfer, so that's £75 in total cashback. Just complete my contact form to say you've used my Octopus Energy referral code and confirm how you'd like your £25 referral bonus paid!