Octopus Energy, including Intelligent and go

[Js1977]

Just set departure off peak charging to on and 5:30. It won’t start charging when plugged in and IO will still control everything.

Just watch out for preconditioning as it will draw power from the mains. Wish there was a way to tell it to precondition during peak using the battery power, as it’s cheap!

If your charger supports time slots, just set it to turn off after departure time with IO and then back on let say an hour later if lets say you are a regular morning leaver.

 

[Skie]

If your charger supports time slots, just set it to turn off after departure time with IO and then back on let say an hour later if lets say you are a regular morning leaver.

Yeah I was considering trying that out. Got covid atm so don’t fancy standing near the garage in the rain trying to connect to the bloody wall connectors wifi hotspot

 

[kcrane]

So, as largely expected, no change to the IO rates.

 

[kcrane]

From Octopus tonight:

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.

 

[phil4]

So, as largely expected, no change to the IO rates.

Yep.

 

[Ashdeman]

Just had an email, no change to Octopus Go

 

[Alan J]

Just had an email, no change to Octopus Go

Ditto.

 

[browellm]

I'll be quite surprised if Octopus change the rates of Go/Intelligent.

 

[robbieduncan]

I genuinely am confused by the email. It says

“
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 ratesfor your electricity.”

But ((20*40)+(4*7.5))/24 is 34.58. So above 34p. So either the email is numerically inaccurate or they actually mean the blended rate on the bill based on actual usage (which for most will be under 34p)

 

[JIBYC]

I genuinely am confused by the email. It says

“
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 ratesfor your electricity.”

But ((20*40)+(4*7.5))/24 is 34.58. So above 34p. So either the email is numerically inaccurate or they actually mean the blended rate on the bill based on actual usage (which for most will be under 34p)

But if it's weighted by units consumed the average price is much lower.

Also if you're on IO it's 6 hours not 4.

 

[Toblerone]

But if it's weighted by units consumed the average price is much lower.

Also if you're on IO it's 6 hours not 4.

And in my region peak is 38.8

 

[thewishy]

5% off Electric Juice / Universe is better than a poke in the eye I guess. To be fair it's a very competitive rate

 

[robbieduncan]

But if it's weighted by units consumed the average price is much lower.

Also if you're on IO it's 6 hours not 4.

Indeed. Which is what I’ve asked them to confirm.

I am shifting as much of my EV charging to work as I can (free). I don’t have many other significant loads I can time shift. I’d prefer to keep Go in case I need to charge at home but if the cap is not applied it might be better to go back to flexible.

 

[colt033]

Just received an email from Octopus. As expected they’re saying the combined rate is below the 34p cap from the government. What’s annoying is their claim that they’re not allowed to apply any reduction. They should have discounted the day rate or at the very least gone back to the 5p off peak rate.

Does anyone know of any alternatives to Octopus?

 

[pgkevet]

Sleeping on it?

 

[colt033]

5% off Electric Juice / Universe is better than a poke in the eye I guess. To be fair it's a very competitive rate

In current market conditions it is a good rate. But the energy companies are receiving a boost to their income which we’ll pay for through higher taxes, so just looks greedy.

 

[davidmc]

If your wondering what the varible rates are

Octopus Energy Price Guarantee cap prices (Direct Debit costs only)

Octopus Energy Price Guarantee cap prices (Pay by another method costs)

Link here - How the £2,500 Energy Price Guarantee works

 

[Zakalwe]

I can't complain. 16.4kWh of battery storage means that virtually all of my power needs are met during the cheap period. If I went looking for sympathy or reductions then most people would rightly laugh at me. Paying 7.5p per kWh in the current climate is ridiculously cheap. And that include my car fuel as well.

 

[MattM76]

Electricity I’m not so worried about. It’s going to be the gas costs that are going to be brutal over winter.

 

[Zakalwe]

I've moved most of my DHW over to the immersion heater. I've set the Solar iBoost to run the immersion for an hour at 04:30 (which draws mainly from the batteries). Any excess solar heats it during the day.
The gas boiler is scheduled to come on for an hour from 16:30 just in case there was no excess solar production during the day.