Octopus Go Deal

[Bootneckshuffl]

Hi all

Just had my Octopus Go renewal through.

They’re offering to drop my peak rate from 38.5 p to 29.5p. Increase my off peak rate from 7.5p to 9.5p, whilst increasing the standing charge from 48.5p to 55.6p.

I’m not sure what to think of this. Isn’t there meant to be a reduction in cost come October?

Is Octopus still worth having or is there better EV tariffs now out there?

 

[Badger54]

I’m with BG

Standing charge 45.21p per day

Peak 30.302p per kwh

Off peak 9.4p per kWh Between 00:00 & 05:00

Tariff end date Sept 2024

 

[ACarneiro]

Might be worth considering Intelligent Octopus.
Cheaper rates and an extra hour off peak. By and large it seems to work as advertised and if it doesn’t there is no minimum term anyway.

 

[Morpheus84]

Hi all

Just had my Octopus Go renewal through.

They’re offering to drop my peak rate from 38.5 p to 29.5p. Increase my off peak rate from 7.5p to 9.5p, whilst increasing the standing charge from 48.5p to 55.6p.

I’m not sure what to think of this. Isn’t there meant to be a reduction in cost come October?

Is Octopus still worth having or is there better EV tariffs now out there?

I’m with Octopus Go on the flexible deal and this is my rate:

Seems like the people who fix are being punished? My rates have come down twice in the past 6 months.

 

[Bootneckshuffl]

Might be worth considering Intelligent Octopus.
Cheaper rates and an extra hour off peak. By and large it seems to work as advertised and if it doesn’t there is no minimum term anyway.

Just looked. Exact same peak rate and standing charge but seemingly 7.5p off peak and with the bigger window yeh.

 

[Bootneckshuffl]

I’m with Octopus Go on the flexible deal and this is my rate:

View attachment 969426
Seems like the people who fix are being punished? My rates have come down twice in the past 6 months.

Yeh that’s the thing I don’t get. They’ve quoted me the flexible deal based on my historical consumption. All costs on the flexible deal for me that I’ve been quoted are MORE than the ones they’re quoting on OG and IO but the overall annual estimate they’re quoting is 600 quid cheaper than both of those.

Can’t figure out what they’ve done there, will have to speak to them.

 

[page3]

We moved from Go to Tracker and save a fair bit. It does seem strange charging whenever we like, but it appears off-peak tariffs have lost any advantage for a normal (no solar or battery) user.

 

[Bootneckshuffl]

We moved from Go to Tracker and save a fair bit. It does seem strange charging whenever we like, but it appears off-peak tariffs have lost any advantage for a normal (no solar or battery) user.

Agreed

They’re creeping up the off peak price whilst hammering us with ridiculous standing charges. I’m going to hang fire until turn of October and get requote then cos I think they’re trying to lock me into a deal based on current prices, whilst knowing the prices will drop beginning October

 

[Kansalis]

We moved from Go to Tracker and save a fair bit. It does seem strange charging whenever we like, but it appears off-peak tariffs have lost any advantage for a normal (no solar or battery) user.

Yes, that's particularly the case when working from home, or if anyone is generally home during the day. I moved to Tracker when Go Faster went away. My overall average for the July billing period was 15.74p per kWh, which is significantly less than it would have been on any of the time offset tariffs.

 

[goRt]

Hi all

Just had my Octopus Go renewal through.

They’re offering to drop my peak rate from 38.5 p to 29.5p. Increase my off peak rate from 7.5p to 9.5p, whilst increasing the standing charge from 48.5p to 55.6p.

I’m not sure what to think of this. Isn’t there meant to be a reduction in cost come October?

Is Octopus still worth having or is there better EV tariffs now out there?

The reduction in October applies to the price-capped rates only

 

[Adopado]

Hi all

Just had my Octopus Go renewal through.

They’re offering to drop my peak rate from 38.5 p to 29.5p. Increase my off peak rate from 7.5p to 9.5p, whilst increasing the standing charge from 48.5p to 55.6p.

I’m not sure what to think of this. Isn’t there meant to be a reduction in cost come October?

Is Octopus still worth having or is there better EV tariffs now out there?

I also moved across to the new rates. I've been tracking the difference between the old rates and the "new" rates (they've been the same for months for new sign ups) and I'm actually £12 month cheaper than when on the 7.5p rate Go ... because it depends on your total usage pattern and the day saving more than makes up for the increase in cheap rate (for me). Anyway there's no lock-in ... you can still switch.

 

[Leejmoff]

We moved from Go to Tracker and save a fair bit. It does seem strange charging whenever we like, but it appears off-peak tariffs have lost any advantage for a normal (no solar or battery) user.

I did this. I've saved a fortune going from the new IO to Tracker. The increase they were offering for IO at the end of my term in June was ridiculous compared to the current Tracker rates. It might be worth doing that until the price starts increasing for Gas in the Winter?

 

[phil4]

If you look at your bill closely, it'll tell you what the average cost per unit was of your electricity. Go and IO work well if you can shift some of your usage (dishwasher, washing machine, tumble drier etc) off peak, and reduce peak use. You can then use your bill to compare what you're paying with the tracker rate. So say tracker is 20p for electricity today, if your bill says on average you're paying 25p, moving to tracker would be good, if it says on average you're paying 19p, then moving might not be so good.

In essence they've done the hard work for you.

 

[Mrklaw]

Hi all

Just had my Octopus Go renewal through.

They’re offering to drop my peak rate from 38.5 p to 29.5p. Increase my off peak rate from 7.5p to 9.5p, whilst increasing the standing charge from 48.5p to 55.6p.

I’m not sure what to think of this. Isn’t there meant to be a reduction in cost come October?

Is Octopus still worth having or is there better EV tariffs now out there?

that is the current reduction. the october one might adjust things a little but maybe only peak rate. Go isn't a fixed rate anymore so if there is a change you should get it automatically adjusted down.

intelligent octopus gives you similar peak/standing charge but off peak is 6 hours and 7.5p. but you need a compatible wall box or car.

 

[Adopado]

intelligent octopus gives you similar peak/standing charge but off peak is 6 hours and 7.5p. but you need a compatible wall box or car.

... you also need to be able to live with a degree of inconsistency/variability and with the "beta" character of IO! Reading the main IO thread on this forum is an education!

 

[PITA]

We love Intelligent Octopus. Works a treat for us.

6 hours cheap rate, enough to fill the Powerwalls & Cars.

Just enough to last through the following 18 hours off-grid at cheap rate in Winter.

Winner (providing they don't hike the off-peak rate too much in Winter)

 

[Bootneckshuffl]

... you also need to be able to live with a degree of inconsistency/variability and with the "beta" character of IO! Reading the main IO thread on this forum is an education!

This is why I’ve stuck with Go so far, cos it just works

 

[Martinb999]

...... and another two hours free electricity tomorrow 2-4pm it seems!

 

[speedyranger74]

...... and another two hours free electricity tomorrow 2-4pm it seems!

Where I can check that? On the Octopus app cannot see nothing.

 

[Alex987854]

Where I can check that? On the Octopus app cannot see nothing.

They're running a thing in the south. Nothing for us in the frozen north.