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Wiki Everything you wanted to know about Intelligent Octopus But Were Afraid To Ask

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Why write this post?
A lot of people are starting to get interested in IO. I don't think Octopus do a very good job of spelling out the benefits in their website. They have some FAQs, but the same questions keep coming up over and over on the forums.

What is it?
In a nutshell, IO is a split tariff that gives you a cheap off-peak rate for charging your EV and other electrical items in the household, including home batteries.

Isn’t that the same as Octopus Go or Go Faster?
The principle is the same, but in exchange for some benefits which we’ll explain, you allow Octopus to control the timing of your EV charge, so they can choose low carbon intensity and/or cheap wholesale priced time slots.

So I’m not in control of my charge? I don’t like the sound of that!
Well yes…and no. You’re in control of how much to charge and when you want the car to be ready, just like you would be normally. Within those parameters, you’re allowing Octopus to control which half-hour slots the car chooses to get to that target % charge. And you can always override IO if you want to “bump charge” through the day.

OK, but what are the benefits you mentioned for this trade off?
First of all, you get a larger guaranteed off-peak window for using household appliances and charging home batteries, etc. It’s six hours between 23:30-05:30. Go, for example, is a fixed 4 hour window.
In addition, when IO schedules your EV charging slots it sometimes creates schedules that fall outside of the fixed, six hour window. If that happens your EV charging and all your household use in these extra-slots is also charged at off-peak rates.
I have frequently had schedules give me seven or more hours of off-peak rates. On one occasion, I had a total of ten hours of off-peak rates.

Am I eligible?
You need a smart meter and a compatible car and/or charger. Since you’re reading this here, I assume you’ve got or are thinking of getting a Tesla. IO works with the Tesla API to create the charging schedules. The advantage of this is that IO will work with any* home charger. If you have a charger with smart features, you need to disable them so that the charger acts as a dumb switch. IO will control everything via Tesla’s API to start and stop your charging.
*Even your granny charger - but you need to tell IO what the max throughput is when you go through setup so that it can work out your schedules properly.

Some of this sounds too good to be true.
Phantom drain caused by having smart charging enabled in the Octopus app has been fixed as of 30th August 2022. One small side effect appears to be that schedules sometimes take longer to appear in the app after plugging in.

Further questions (to be updated in the main thread body once the edit timer on this post expires)

I have two EVs, can I charge the other while on IO?

Not with IO scheduling the charging, but you can charge any other car in the fixed 23:30-05:30 off peak window or at any other time at peak prices.

What are the rates etc?
Octopus do a decent job of explaining the peak and off-peak rates along with contracts etc. Head over to their pages to discover that.

I asked for a target % of x, but I got less than x.
There are two or three reasons for this.

The first, most common reason, is that Tesla reports battery % differently depending on where you look. The API (that IO uses) reports the gross battery %. This is generally fixed but can fluctuate very slightly. The Tesla app shows usable %. Apps like Teslamate and Teslafi can display both. Quite often, there is a delta of 2-3% which may be down to battery temp or other factors. This usable % will often be recovered as the battery warms up during a drive.

Some users have reported charging % being way off, perhaps 10% or more. This could be down to an error in the onboarding process. Some of the charger database entries incorrectly assume the charger you are onboarding is the 11kW version, without actually saying so in the charger description. The Andersen A2 was an early example of this. If you suspect this may be the case, the easiest thing to do is go through the on-boarding again and choose "Generic 7.4kW charger". It won't affect your functionality on IO in any way.

Lastly, it has to be mentioned that occasionally IO just craps out. It may be down to a comms error, a server error at Octopus' end, or just reasons. IO is a beta product and it's wise to expect one or two quirks from time to time
 
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Well I got my bill today and it confirmed I'm on 7.5p off-peak and 35.05p peak, fixed till next year!
Strange how Octopus pricing works... Anyway it is good to see rates coming down down...

Screenshot_20230420_171310_Drive.jpg
 
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I thought IO was fixed for 12 months from date of sign up? Maybe the terms of the tariff have changed over time, but the rates we signed up with last august haven’t changed since. Might be paying more than some with variable rates before August at this rate!
In August they were indeed fixed for 12 months. When the whole energy problem occurred, they ditched the 12 month fix part, and all tariffs became "flexible", thus allowing Octopus to bump them up, or down should they need to. So while you (or I) won't see any change, those who signed up, say last month, will.
 
Octopus have said they can’t offer fixed deals under the terms of the Government price cap. That’s why it is surprising that Kelvin 660 got one. But it may well be that the variable rate will drop below that fixed rate in the coming months.
The odd thing is Octopus have said a few times over that Intelligent and Go aren't covered by the cap.... so perhaps that's why they're doing it. Or of course they could have messed up, again.
 
The odd thing is Octopus have said a few times over that Intelligent and Go aren't covered by the cap.... so perhaps that's why they're doing it. Or of course they could have messed up, again.
no, that is not correct. unless I missed something I haven't seen anything about not being covered.

it was quirky how they have calculated it (average out price over 48 periods) but they never said that it is not covered by cap... because they could not have not covered by cap if the average price was higher than cap
 
no, that is not correct. unless I missed something I haven't seen anything about not being covered.

it was quirky how they have calculated it (average out price over 48 periods) but they never said that it is not covered by cap... because they could not have not covered by cap if the average price was higher than cap
I'm not arguing with you, but if you're interested I can dig out Greg's email about it?
 
yes please
Dear Philip,

Thank you for choosing Octopus to power your home and travel. Electric vehicles are fundamental to the UK’s — and indeed the world’s — sustainable future, and I’m proud that more drivers choose Octopus than any other supplier.

It’s not a responsibility we take lightly. There’s much that needs to change to make driving an electric vehicle a better, cheaper, more convenient experience than fossil–fuel transport has ever been — but that change is happening. I’m proud we’ve been part of that, and excited there is so much more yet to come.

For years, Octopus Go has given drivers unrivalled cheap charging. Often, it’s been the cheapest tariff — bar none.

Both Octopus Go and Intelligent Octopus have continued to offer great value throughout the fossil–fuel energy crisis, when the majority of other EV charging tariffs were taken off the market completely.

However, with the introduction of the Government’s Energy Price Guarantee, things are not entirely so straightforward.

First of all, the Energy Price Guarantee is a genuinely important programme that will prevent millions of people from slipping into fuel poverty this Winter. I welcome it, because it’s the scale of intervention that our current fossil–fuel energy crisis requires.

That said, it’s a fairly blunt instrument — designed to reduce the harm of very high unit rates, but with little focus on the benefits of time–of–use consumption: the cornerstone of our smart tariffs.

The Energy Price Guarantee caps the average unit rate to 34p / kWh (this number varies by region) — and with a smart time–of–use tariff, that means the combined average of your off-peak and peak rates is capped at 34p.

So although your day rate is above 34p, the Government’s rules are very clear: we can’t apply the subsidy because your night rate is so low, and overall you’re already paying less than the Energy Price Guarantee rates for your electricity.

We’ll automatically reduce your October Direct Debit by £67 as part of the Energy Bill Support Scheme. This reduction will be matched with a £66 monthly credit from October, rising to £67 from December to March, paid directly to your energy account by the Government.
 
well, yes, precisely.

Price was at/under cap already so no additional subsidy for energy price is applied. because nothing to cap here.

maybe the word "covered" is not the right one here. If any tarriff was higher and avg price was above 34p, then it would be capped.

all tarriffs in Uk were subject of cap. unless they were below cap. because then there is nothing to cap
 
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Great news.

Also today's off-peak slot for me was 1019-0400 - awesome!
I have a similar smart charge today, 11:45-12:00 & 12:00-04:00 but keep an eye as it had changed mid-afternoon to 13:58-16:30. It was about 14:30 when I checked so still in the window of off-peak. Good job as we had several appliances on as well as the car charging after being away all week.

It comes back at 19:30 until 04:00 in 3 further consecutive blocks. Must remember to take the foot off the gas for the three hour peak window 😂.

Thankfully I'm boosting my battery to cover this!
 
Well I got my bill today and it confirmed I'm on 7.5p off-peak and 35.05p peak, fixed till next year!
Strange how Octopus pricing works... Anyway it is good to see rates coming down down...

View attachment 930242
After Kelvin’s post I checked via the app to see if I could get those rates, even though I’m fixed until sep at 7.5/39 and have been using <1% peak over the winter. the rates were 10/42 so I left it. However the following day I got an email from octopus saying my IO tariff was now live.
I didn’t accept anything.
a phone call rectified it but I’d take kelvin’s tariff, if it is fixed for a year with no exit fees, who wouldnt
 
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Hi Everyone and thank you for all your very informative posts about IO. And thanks @browellm for all the FAQ’s and your patience (😉)

I’ve finally read and digested all 91 pages and as a current customer of OVO (smart charging, which works perfectly but also delivers 1-2% less on odd occasions (some of you will be pleased to hear that it’s not just IO); I’m getting Solar and batteries soon and plan to switch to intelligent Octopus 🐙 after my install in a couple of months.

I have a Model Y, Tesla Gen 3 charger.
Will have: Solar and 38kW of GivEnergy batteries and 2x 5kW GE hybrid inverters. I am a high user. 19,000kW pa including (4,500 for the car). Plug in every night to get to 80%, blah blah, blah.

The extra slots seem like a bit of a blessing and a curse if you have solar batteries. Obviously Octopus are more than likely picking and choosing the cheapest 30 minute price slots (for them), sorry I meant to say greenest 😂 before your “ready” time. But we’re still paying them a fixed ‘low’ off peak price. So it’s a win-win. But for Solar battery users it would be better (possibly? and maybe better for the health of the car’s battery and reliability of a charge completing successfully?) to just have a fixed continuous 6 hours of charging, instead of stop/ start, stop/start for 10-12 hours. That’s a different discussion and one that’s already been discussed a bit.

I have 2 questions;

1) Regarding solar battery drain when you get extra slots. How do you automate the extra slots being allocated using home assistant? I’ve never used it, I’m tech savvy but not a programmer! Are there currently any other options? and what happens if/ when the slots change during a charge (which they seem to do) does home assistant get the updated slots? Is there somewhere you could point me to that explains how to set this up with GivEnergy? So I don’t dump all my solar/ off-peak stored from the battery into the car when extra slots are given/ changed!

2) What works best? setting a 23:30 off peak start time or an 05:30 off peak end time in the app/Tesla? And does this become unnecessary when integrated with Home Assistant or similar?

Thanks in advance and yay! to the off peak price drop 👍🏻
 
I have a similar smart charge today, 11:45-12:00 & 12:00-04:00 but keep an eye as it had changed mid-afternoon to 13:58-16:30. It was about 14:30 when I checked so still in the window of off-peak. Good job as we had several appliances on as well as the car charging after being away all week.

It comes back at 19:30 until 04:00 in 3 further consecutive blocks. Must remember to take the foot off the gas for the three hour peak window 😂.

Thankfully I'm boosting my battery to cover this!
Thanks yes noticed the times changed today midway through the additional slots….

Does anyone know if, when additional slots are scheduled, do they still apply if you then unplug the car? Not something I have tested yet without looking at a bill.

Last few days, I have been getting offpeak slots most of the day from midday. Been working it with keeping car charging.
 
I've received an email from Octopus offering my new IO rates from June when my current fix ends. offpeak the same, but peak and daily charge up quite a bit. Any advice on whether this seems a lot?

So what does it all cost?
Your current Intelligent Octopus prices
Peak unit rate: 35.11p / kWh
Off-peak unit rate: 7.50p / kWh
Standing charge: 37.65p / day
Estimated annual cost (electricity only): £1,587.48

We've based your estimate on your historical half-hourly usage pattern - that's 3,293 kWh during Intelligent Octopus peak times and 3,918 kWh during Intelligent Octopus off-peak times.
Your new Intelligent Octopus prices
Peak unit rate: 41.65p / kWh
Off-peak unit rate: 7.50p / kWh
Standing charge: 42.01p / day
Estimated annual cost (electricity only): £1,818.71
Flexible Octopus prices
Peak unit rate: 45.03p / kWh
Off-peak unit rate: 16.31p / kWh
Standing charge: 42.11p / day
Estimated annual cost (electricity only): £2,103.53
 
I've received an email from Octopus offering my new IO rates from June when my current fix ends. offpeak the same, but peak and daily charge up quite a bit. Any advice on whether this seems a lot?

Not sure there's much advice anyone can give specifically on the price, but yes, it is a lot. When my GoFaster fixed term expired, I switched to Agile as it's still capped at 35p during the peak times & I don't do enough mileage to warrant paying the higher daytime rates on either Go or Intelligent. My overnight charging would never save enough to offset the very high daytime rates, as I work from home.

It's worth doing some historical comparisons using your actual usage during peak & off-peak hours. There are a few apps I think that do it, but I use Octopus Compare, which allows custom tarriff comparison by connecting to your Octopus account & displaying what your bills would have been as a direct side-by-side view. (I think you may have to pay for the app to get the custom comparison part).
 
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