Ovo UK - New EV Charge tariff

[AndyWarrington]

For those using OVO for energy they've released a new EV 'add on' tariff (more of a use then credit product)

Info Introducing Anytime | OVO Energy

Works out @ 10pkWh for charging of the car (car charging only) and usual standard rate 34pkWh all other times
Pretty much all my charging is at home so should cut my costs by 70%

I don't think they're letting everyone on it straight away, I was lucky and was accepted. I've no idea what the criteria is to get straight on it - maybe someone else can enlighten?

 

[aq42]

Not currently an OVO customer (with Shell because was with PurePlanet when they collapsed - will be leaving Shell as soon as it becomes feasible!). Used link and was asked to register my interest . . .

 

[spooksman]

Works out @ 10pkWh for charging of the car (car charging only)

Fascinated to understand how they differentiate the car charging from everything else...

 

[ACarneiro]

Fascinated to understand how they differentiate the car charging from everything else...

You need a specific charger that “speaks” with their platform.

• Indra Smart Pro
• Indra Smart Charge V3
• Indra Smart Pioneer
• Ohme Home
• Ohme Home Pro

I really hope Octopus don’t go down this route…

 

[FastLaneJB]

Fascinated to understand how they differentiate the car charging from everything else...

A bit curious about where they are getting cheap car electricity from that is cheaper than normal electricity. Does the government make their dye the electricity so it's not misused in a washing machine or something?

 

[spooksman]

As @ACarneiro pointed out, they control the charger, so the coloured dye isn't necessary

 

[AndyWarrington]

Fascinated to understand how they differentiate the car charging from everything else...

You have to log into your Tesla account via their platform and they use the charge status info to apply the cheaper rate

 

[AndyWarrington]

You need a specific charger that “speaks” with their platform.

• Indra Smart Pro
• Indra Smart Charge V3
• Indra Smart Pioneer
• Ohme Home
• Ohme Home Pro

I really hope Octopus don’t go down this route…

There are others too, I've a Hypervolt which is also suitable. Any smart charger really looks ok

 

[giorgosa]

I really hope Octopus don’t go down this route…

Octopus is clear that the reduced price (for IO) is valid to all consumption within the reduced Tariff hours. Also keep in mind that Octopus is more expensive daytime (to compensate for this) where OVO is cheaper only for car but keeps the capped price for the remaining of the day.

I think it is good to see some providers mobilising slowly in EV tariffs and hopefully when we are out from this energy mess we'll see some healthy competition.

 

[FastLaneJB]

As @ACarneiro pointed out, they control the charger, so the coloured dye isn't necessary

Yeah but for cars with V2H capability you could get it into the washing machine

 

[UrbanSplash]

Yeh I hope octopus don’t do this. I use all my appliances when charging at the lower rate on IO.

 

[C225]

It appears to be the same set up as the eon next tariff I was on before it ended and moved to Octopus. They monitor via an app how much you have charged the car then give you a credit on your bill relating to that amount. Eon next used the ev.energy app whereas this looks like the Kaluza app.

 

[thewishy]

Be interesting to see if speaking to the EV charger is more reliable than pulling the data off the smartmeter.
I like being able to run the dishwasher, etc during the cheap period, so will likely go with IO

 

[Mrklaw]

Yeh I hope octopus don’t do this. I use all my appliances when charging at the lower rate on IO.

Although the peak rate being 6p cheaper might offset some of that

 

[C225]

If it is the same as the eon next one then you are only credited for the exact kWh added but due to the inefficiencies in charging with AC it actually takes a little more than that to achieve. That little extra which I found was about 1-2kWh a charge is full rate.

As Octopus is just off peak for everything used at that time it will always work out slightly cheaper unless your a particulary heavy user during the peak window . I only used eon next at the time as my meter wouldn’t work with octopus until late last year.

 

[Mr K O’Watt]

Thanks @AndyWarrington for bringing this new tariff to my attention.

Have only had my Model 3 for just over a month and have been doing the maths to see if it was worthwhile me changing from my existing supplier (Shell) to one of the Octopus EV tariffs.

As it stands, my usage is such that it’s more cost-effective for me to stay on the capped Shell tariff - the cheap overnight Octopus rates don’t compensate for the fact that the peak daytime rate is more expensive. However, this OVO tariff at first glance is better for me as the daytime rate is similar to what I pay at present, whereas the EV charging element is significantly cheaper.

 

[AndyWarrington]

Thanks @AndyWarrington for bringing this new tariff to my attention.

Have only had my Model 3 for just over a month and have been doing the maths to see if it was worthwhile me changing from my existing supplier (Shell) to one of the Octopus EV tariffs.

As it stands, my usage is such that it’s more cost-effective for me to stay on the capped Shell tariff - the cheap overnight Octopus rates don’t compensate for the fact that the peak daytime rate is more expensive. However, this OVO tariff at first glance is better for me as the daytime rate is similar to what I pay at present, whereas the EV charging element is significantly cheaper.

No probs, seems like your scenario is similar to mine - I don't use enough/what we do use we can't offset to night time off peak tariffs so pointless paying the extra during the day.

This will help bring the cost of charging the car down significantly though

I guess it could help some, but for sure not all - as usual, it depends on circumstances

 

[Jason71]

Although the peak rate being 6p cheaper might offset some of that

Historically Octopus set the day rate for IO and go at a similar rate to other tariffs i.e. the night rate was a genuine discount and not something that had to be set against a higher day rate like the old economy 7 tariffs did. TBH I think they may still be doing this its just that the other day rates are now subsidised by Govt. My point is with energy prices starting to fall I am hopeful that the IO/Go day rates will also start to fall back in line with the flat rate prices. Well either that or the govt will pull the subsidy and we get parity that way.
The fact that Ovo can afford to do an EV discounted night rate without a higher day rate either speaks to this or Octopus are now coining it in.

 

[ringi]

E7 rates used to be calculated so a person with a standard electrical usage would pay the same on E7 as they would on the flat rate. E7 was a reward for using a higher % of electricity overnight then the average consumer.

 

[ringi]

Shame OVO does not have a hot water tank controller to work on their system as its another load they could take over timing off in exchange for the discount.