I don't know about the h202 soak. What I do is pour the carbon pellets into a 10 gallon bucket, way away from view and preferably at night. With the garden hose, I start adding water. Dirty carbon violently expels impurities when it is mixed with water. This creates a violent bubbling, lots of heat and a very thick yellow acrid smoke. If neighbors see it, they will say wtf. Downwind folks will definitely smell it. I keep adding water while stirring with a 2x4x5' wooden stick. This will carry on for quite a while... especially after using the filter for a year or more. Keep stirring and adding water until the reaction stops.
Congratulations, you now have clean, but unactivated carbon.
The next step requires a gas bbq grill with a lid. Cook the carbon pellets in a turkey pan in the grill at 500° for 15-20 minutes, until the edges start turning to ash. The carbon is now water free and activated, ready to filter for another year. In all the moving and cooking you will lose about 3-5% of the original mass of the pellets. Buy a small bag, it is cheap, and refill your filter, being sure to shake it down to eliminate voids as you refill your filter. It costs me less than $10/year to keep my filters going at tip top efficiency.