Texas Retail Provider Hosting Customer Event Facilitating Enrollment In Critical Peak Conservation Rewards Program

Octopus Energy today announced, "its first-ever customer Octo Cool Down to beat the heat and conserve energy as Houston approaches high temperatures amid a growing Texas population, leading to what may be the largest peak usage ever on the Texas grid."

Octopus Energy said that the event is part of the company’s recently announced Superpower Savings program. As previously reported, The Superpower Savings program, among other things allows customers, on an opt-in basis, to give Octopus control over their EcoBee smart thermostat and automatically set it at an 80 degree threshold during called events (see prior story for more details)

As previously reported, customers without a smart thermostat can also participate by opting to receive a notification for the next event and texting Octopus Energy their account number and a picture of their thermostat set to at least 80 degrees to receive a reward.

The physical Octo Cool Down event is giving customers a further opportunity to participate in the Superpower Savings and earn a reward. At the Octo Cool Down event, all Houston-based Octopus Energy customers can show up, give Octopus Energy staff their Octopus Energy account number, and show a picture of their thermostat set to 80 degrees

"With today’s Octo Cool Down, we don’t just want to keep Texans cool, but we also want to show how easy it is for anyone to engage with their energy use and take small actions that can make an outsized impact on keeping the energy grid strong and secure," said Michael Lee, CEO of Octopus Energy U.S. "Residential customers can provide some of the biggest impacts to grid flexibility and are an untapped resource in helping to maintain grid stability. Whether in times of extreme weather or not, we believe that customers should benefit when they choose to conserve energy and help to balance the grid for themselves and their communities."

"In addition to the Superpower Savings program, Octopus Energy gives customers full wholesale power credits when they sell back to the grid. That means customers who have solar or generators at home can support the stability of the grid while also putting cash back in their pockets," Octopus Energy said

The Octo Cool Down event is taking place today at Little Woodrows, Katy from 3 to 7 p.m. CDT.