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Determination of dollar value for points for an OhmHour.

Steve ESteve E Posts: 329Member, Moderator

I am curious as to how the points are calculated for an #OhmHour. My understanding is that it is based on what the utility companies pay for the #OhmHour which fluctuates based on some criteria.

In relation to this‚ we are told that at times we get short to no notice of an #OhmHour because there is an unexpected and unanticipated high usage that creates an almost instant #OhmHour.

What confuses me about these two related things is‚ that based on the unexpected demand and the immediate #OhmHour‚ one could reasonably assume that the power companies would be prepared to pay a higher price to conserve energy due to the immediate and somewhat apparent emergency of the #OhmHour.

We participated in an #OhmHour with something around a 5 minute warning before it started and when the results came back‚ the points we received were less than other #OhmHours that had at least a days warning in advance. This would seem to be somewhat counterintuitive to me and I was wondering if anyone could shed any light on this.

And by that I mean to say that due to the lack of warning for the #OhmHour‚ one could reasonably assume it was some kind of emergency power need and not in the realm of normal operations‚ and therefore one would assume that surely the power saved would be at some kind of premium?

Answers

  • UkiwiSUkiwiS San DiegoPosts: 1,615Member, Moderator

    @KarenE, I cannot answer your question but I do track how much I'm being paid per OhmHour. I've always received 24+ hours notice and I'm in ZIP 92101. Here's my last 20 OhmHours and the effective cents per kWh

    122.42
    143.36
    237.15
    138.44
    127.63
    234.17
    144.29
    204.66
    151.25
    235.79
    164.06
    196.47
    196.47
    194.74
    164.27
    221.83
    189.96
    233.94
    176.34
    155.41

    L=122.42
    H=237.15
    Average = 181.63.

  • Steve ESteve E Posts: 329Member, Moderator

    @UkiwiS - Thanks for the reply.

    I can understand it's all over the place based on what they're paid. It would just seem to me to be counter intuitive for the value of the power to be less on #OhmHours with little to no warning and if all yours have at least a 24 hour warning then I guess there is nothing we can see from your data relative to that.

  • UkiwiSUkiwiS San DiegoPosts: 1,615Member, Moderator
    edited May 2017

    Yes, agree but I think it's also going to be all over the map. Brian might be able to help as he's in north county and I think most of his are last minute.

  • Steve ESteve E Posts: 329Member, Moderator
    edited May 2017

    @UkiwiS said:
    Yes, agree but I think it's also going to be all over the map. Brian might be able to help as he's in north county and I think most of his are last minute.

    I agree‚ but I guess what I'm saying is that we are kind of led to believe these are some kind of unexpected events and that's why there is little to no warning‚ which would certainly seem to convey some sort of urgency to reduce power unannounced which would seem to imply a premium. I mean to use a bad analogy‚ you pay more for overnight shipping than you do for regular 2 - 3 day or whatever.

  • BstringBstring North SD County CoastalPosts: 84Member

    Every ohmhour I have been notified of, all twelve in my ohmhour history, have been with six minutes notice. I thought that was how it was designed. Only recently have I heard of others with a days notice.

    Monday, February 27, 2017 3:55 PM
    +141099
    Your first #OhmHour! Save energy today from 4:00-5:00PM PST. How are you saving energy?

    Thursday, March 2, 2017 5:54 PM
    +141099
    OhmHour today from 6:00-7:00PM PST! Want to be a superhero? Reduce your energy and put on your #OhmHour suit. Up up and away! How are you saving energy?

    Wednesday, March 8, 2017 5:54 PM
    +141099
    OhmHour today from 6:00-7:00PM PST! Save energy and make sure everyone sees your triumphant fist pump. How are you saving energy? https://ohm.co/8a794a

    Monday, March 13, 2017 7:54 PM
    +141099
    OhmHour today from 8:00-9:00PM PDT! Your light switches ought to be quaking in their boots. How are you saving energy? https://ohm.co/48fb92

    Friday, March 17, 2017 6:54 PM
    +141099
    OhmHour today from 7:00-8:00PM PDT! Your light switches ought to be quaking in their boots. How are you saving energy? https://ohm.co/436755

    Thursday, March 23, 2017 8:55 PM
    +141099
    OhmHour today from 9:00-10:00PM PDT! 42% of household energy use goes to heating and cooling. Two words: smart thermostat. How are you saving energy? ht
    tps://ohm.co/b2f8b6

    Friday, March 31, 2017 5:54 PM
    +141099
    OhmHour today from 6:00-7:00PM PDT! Dust off that old board game with friends or family. No electricity required. How are you saving energy? https://ohm

    Thursday, April 6, 2017 7:54 PM
    +141099
    Confirm your participation status: https://ohm.co/968525
    OhmHour today from 8:00-9:00PM PDT! We'll award you 25 points for every kWh you reduce below your forecast (0.69 kWh), but you'll lose points if you go

    Friday, April 7, 2017 6:54 PM
    +141099
    Confirm your participation status: https://ohm.co/932ce2
    OhmHour today from 7:00-8:00PM PDT! We'll award you 50 points for every kWh you reduce below your forecast (0.64 kWh), but you'll lose points if you go

    Thursday, April 27, 2017 5:54 PM
    +141099
    OhmHour today from 6:00-7:00PM PDT! We'll award you 50 points for every kWh you reduce below your forecast (0.87 kWh kWh), but you'll lose points if you
    go over. Confirm your participation status: https://ohm.co/b63fe7

  • celticlullcelticlull Posts: 1Member

    UkiwiS, are those dollars and cents that you are listing? The first one is 122.42 Did you actually receive ONE HUNDRED twenty-two dollars and 42 cents? How much are you earning per point? I'm in northern California and just signed up. So far, I've only gotten 250 points and the cash out amount is only $2.50. How are you able to earn that much money per ohmhour?

  • UkiwiSUkiwiS San DiegoPosts: 1,615Member, Moderator
    edited May 2018
    @celticlull

    122.42 is the base points per kWh....Save 1 kWh you will earn 122.42 points. If you are platinum you will earn another 122.42 points. If you are on a 400 % streak bonus you add on another 488 points for a total of 122 + 122 + 488 = 733.

    save 5 kWh and you will earn 5 X 733 = 3660 points.

    The base pts per kWh is unknown and varies for each #OhmHour. Lately it has averaged around 100.
  • CKWMCKWM Fremont, CAPosts: 243Member
    @celticlull

    To translate @UkiwiS's usage of the term earning "points" to those who may be new to OhmConnect: When cashing out, 100 points is equivalent to $1.

    Hence in his quote below, I've added parenthesis to help everyone see what @UkiwiS is saying.

    > @UkiwiS said:
    > @celticlull
    >
    > 122.42 is the base points per kWh....Save 1 kWh you will earn 122.42 points ($1.22). If you are platinum you will earn another 122.42 points ($1.22). If you are on a 400% streak bonus (successfully completing 80 consecutive OhmHours) you add on another 488 points ($4.88) for a total of 122 + 122 + 488 = 733 ($7.33).
    >
    > save 5 kWh and you will earn 5 X 733 = 3660 points ($36.60).
    >
    > The base pts per kWh is unknown and varies for each #OhmHour. Lately it has averaged around 100 ($1.00).
    >
  • cwiedcwied San MateoPosts: 139Member

    Given what OhmConnect has said about their business model, presumably points per kWh are based on the payment they receive for that OhmHour. I'm guessing you would take 80% of that number and then divide by the sum of everyone's kWh savings adjusted according to their respective bonuses.

  • CKWMCKWM Fremont, CAPosts: 243Member
    > @cwohmcon said:
    > Given what OhmConnect has said about their business model, presumably points per kWh are based on the payment they receive for that OhmHour. I'm guessing you would take 80% of that number and then divide by the sum of everyone's kWh savings adjusted according to their respective bonuses.

    @cwohmcon - would you assume then, that the 80% is evenly distributed to everyone who participated in the OhmHour with the same points per kWh rate? I recently posted a thread about this here:

    https://forum.ohmconnect.com/discussion/1703/same-cents-kwh-payout-rate-within-the-same-area#latest
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