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Octopus Go price increases..

DaveW

Active Member
May 21, 2019
1,183
937
Beds, UK
Spotted on the API today apparently...

New peak prices taken from Facebook:

A, it has gone from 14.1225 to 15.96
B: it has gone from 13.4505 to 15.33
C, it has gone from 14.7105 to 15.897.
D: it has gone from 14.6265 to 16.674
E: it has gone from 13.7235 to 15.645
F 12.9255 to 14.994
G 13.965 to 15.03
H 13.797 to 15.5925
J 14.3955 to 16.2645
K 14.0175 to 15.9075
L 14.2905 to 16.2645
M 13.314 to 15.183
N 14.1855 to 16.0335
P 14.4585 to 16.9155
 

browellm

Member
Oct 4, 2019
525
468
Notts
Looking at the trends on Agile over the last few months it was becoming increasingly obvious the current Go rates were unsustainable. Still, it looks like they've kept the low rate at 5p, so it's still a great deal.

I'm going to stick it out with Agile for now and (hopefully soon) Agile export with my GivEnergy system, as I'm interested in how the product is developing.
 

Dilly

Active Member
Feb 24, 2020
2,045
1,649
Norfolk
Disappointing but not surprised.
with solar and Powerwalls, I only used nearly 200Kwh (£28 worth) of peak rate electricity during the whole of 2020 so can’t be too worried by it.
 

VanillaAir_UK

Well-Known Member
Jun 17, 2019
8,207
5,729
Surrey, UK
Glad I switched to Go Faster only 4 days ago, hopefully I'll keep the current price for a full 12 months

When I recently renewed my Go tariff, it took some effort, but I got it in 'writing' that my Go tariff rates were protected for the full 12 months. It was just never clear from Octopus whether they were just rolling over my original tariff month by month, or started a fresh.

Unfortunately I am again possibly back at square one, as my gas tariff is soon to expire. Unfortunately all the Octopus documentation is bundling the Electricity and Go renewal together. Last time it was hard work renewing just my gas tariff and Octopus made several mistakes in doing so, thankfully all fairly benign. But getting it similarly wrong this time has much bigger consequences and tbh, based on past performance, I do not trust Octopus getting it right.
 
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gdallas

Member
Nov 13, 2020
107
59
Scotland
EDFs, GoElectric 35 tariff is catching my attention just now. Its only 4.5p off peak from 12 to 5, which is an hour longer, and 0.5p cheaper than octopus. on peak seems to be 15.96p. Seems very competitive? Thoughts
 
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Mr Miserable

Supporting Member
Supporting Member
Jul 8, 2019
4,926
9,087
UK
EDFs, GoElectric 35 tariff is catching my attention just now. Its only 4.5p off peak from 12 to 5, which is an hour longer, and 0.5p cheaper than octopus. on peak seems to be 15.96p. Seems very competitive? Thoughts
17.15p on peak for me.
 

Godsense

Member
Mar 5, 2020
363
186
UK
Looking at the trends on Agile over the last few months it was becoming increasingly obvious the current Go rates were unsustainable. Still, it looks like they've kept the low rate at 5p, so it's still a great deal.

I'm going to stick it out with Agile for now and (hopefully soon) Agile export with my GivEnergy system, as I'm interested in how the product is developing.

I agree, having moved from Agile (which is still horrible)

Also read this over dinner: Octopus Energy sees 160% jump in revenue but still records loss due to ‘relentless investment’
 

Drew57

Active ember
Apr 4, 2020
1,112
1,343
Chester UK
When I recently renewed my Go tariff, it took some effort, but I got it in 'writing' that my Go tariff rates were protected for the full 12 months. It was just never clear from Octopus whether they were just rolling over my original tariff month by month, or started a fresh.

Unfortunately I am again possibly back at square one, as my gas tariff is soon to expire. Unfortunately all the Octopus documentation is bundling the Electricity and Go renewal together. Last time it was hard work renewing just my gas tariff and Octopus made several mistakes in doing so, thankfully all fairly benign. But getting it similarly wrong this time has much bigger consequences and tbh, based on past performance, I do not trust Octopus getting it right.
I asked about renewing only my gas tariff last week & got this reply:

Hi Andrew
Thank you for your email. Yes you can stay on Go Faster for electric and we can just change your gas tariff, either staying with Tracker or moving to another. Please let us know what one you prefer.
Kind regards....


I was considering Flexible Octopus for gas but for now I'm staying with Tracker as our usage is going to be low over the summer months. Electricity through to Autumn will be mostly standing charge & occasional overnight car charging when solar/storage is insufficient.

They have confirmed in writing & both tariffs are correct on my account.
 

jimbo_hippo

Member
Sep 15, 2019
311
336
Manchester UK
I still don’t think these increases from Octopus fully reflect the price volatility of the wholesale market. The prices are bonkers out there If I’ve understood it correctly. I think the markets are playing a game of ‘who’s gonna blink first’ or pray for government intervention before it all kicks off.

N.B. This is the view of an amateur enthusiast. I welcome the views of anyone actually in the industry as to how this is all going to end. It looks like doomsday out there if the prices I’m seeing on Agile (buffered by solar and PowerWall for me) are anything to go by. But I might be just misunderstanding how all this works. I’m happy to be corrected if I learn something.
 

UrbanSplash

Member
Nov 10, 2019
399
175
UK
Imagine when nearly all households have electric cars. Where forecourts loose out, energy providers win. My guess is energy prices at home will continue to rise steadily now.
 
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Jason71

Active Member
May 8, 2019
2,952
2,865
Shropshire
with Octopus go I am currently averaging 10p per KW (inc vat) and paying 25p standing charge.
So with my current low covid miles which may never increase you have to wonder if it will be worth it once the price increase hits.
might be better off on a flat tariff you can currently get rates of 12.1p/KW with a 12p standing charge ( symbio)
 

Jason71

Active Member
May 8, 2019
2,952
2,865
Shropshire
I asked about renewing only my gas tariff last week & got this reply:

Hi Andrew
Thank you for your email. Yes you can stay on Go Faster for electric and we can just change your gas tariff, either staying with Tracker or moving to another. Please let us know what one you prefer.
Kind regards....


I was considering Flexible Octopus for gas but for now I'm staying with Tracker as our usage is going to be low over the summer months. Electricity through to Autumn will be mostly standing charge & occasional overnight car charging when solar/storage is insufficient.

They have confirmed in writing & both tariffs are correct on my account.
there are cheaper options for gas than octopus though they are more competitive than they were a year ago
 

NorfolkMustard

Active Member
Apr 18, 2019
2,214
2,186
M3P w/FSD
Imagine when nearly all households have electric cars. Where forecourts loose out, energy providers win. My guess is energy prices at home will continue to rise steadily now.
…. To the level which makes home solar/storage make even more sense. The great difference with electricity versus gas is you can make it at home (setting aside farting for now)
 

Jason71

Active Member
May 8, 2019
2,952
2,865
Shropshire
…. To the level which makes home solar/storage make even more sense. The great difference with electricity versus gas is you can make it at home (setting aside farting for now)
price of wind and solar is steadily coming down so who knows. So much solar in California now that the lowest prices are in the middle of the day now when they are almost giving it away. Not saying we will get to that point due to our climate but we have plenty of wind...
 

btc1k

Member
Jan 18, 2021
494
361
Bristol
price of wind and solar is steadily coming down so who knows. So much solar in California now that the lowest prices are in the middle of the day now when they are almost giving it away. Not saying we will get to that point due to our climate but we have plenty of wind...
The same California with rolling blackouts?

Think I'd prefer to pay a bit more for stable generation :rolleyes:
 

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