OFGEM July Price Cap Announcement 25th May

[Yuff]

The peak on My Octopus Intelligent is dropping,

Now / from 1st July
Standing Charge 47.954p / 47.954p
Peak 41.107p / 30.598p
Cheap 7.500p 7.500p

Is it still a variable contract or have they gone back to a fixed 12 month contract?
Mine isn’t up until September, and hasn’t reduced in my area yet, but if it’s fixed may as well lock in a lower peak price as if it drops further I can always switch again.
Hoping I won’t be using much peak anyway

[Stinsy]

The peak on My Octopus Intelligent is dropping,

Now / from 1st July
Standing Charge 47.954p / 47.954p
Peak 41.107p / 30.598p
Cheap 7.500p 7.500p

Is it still a variable contract or have they gone back to a fixed 12 month contract?
Mine isn’t up until September, and hasn’t reduced in my area yet, but if it’s fixed may as well lock in a lower peak price as if it drops further I can always switch again.
Hoping I won’t be using much peak anyway

Still variable I’m afraid.

[Comper]

Another sunny day on the south coast!!
Where do I find the July Octopus import/export rates ?
Not having much luck with Google!

[nowty]

Another sunny day on the south coast!!
Where do I find the July Octopus import/export rates ?
Not having much luck with Google!

https://octopus.energy/octopus-smart-tariffs/

It can be a bit complicated because some combinations are not possible, like if your on Go or IO (import), your restricted to 4.1p / kWh export. But you can be on E7 (import) and get 15p / kWh export.

[Swwils]

Flux export has been significantly lowered from July 1st.

[nowty]

I cant imagine the 15p fixed export deal remaining much longer either.

[Fintray]

Flux export has been significantly lowered from July 1st.

Peak, Flux and day export rates are -10.5, -8 and -12% respectively for me with a -8% import reduction across all.

[Stig]

Anyone with Utilita?
I've just looked at their tariff and reckon I'd save quite a bit as a low user.

They don't have a standing charge, but have a higher rate for the first 2kWhr each day (I use less that that on average 6 months of the year, both electricity and gas). Their rate after that is lower than I'm currently paying.

Seems to be pre-payment only but I could set up a standing order instead of my current direct debit.

[nowty]

Anyone with Utilita?
I've just looked at their tariff and reckon I'd save quite a bit as a low user.

They don't have a standing charge, but have a higher rate for the first 2kWhr each day (I use less that that on average 6 months of the year, both electricity and gas). Their rate after that is lower than I'm currently paying.

Seems to be pre-payment only but I could set up a standing order instead of my current direct debit.

Its pre-payment via an App, marginally better for me to move my gas to it as I use less than 1kWh per day. I used to have a very similar tariff with Scottish Power.

Standard Rates (first 2 kWh are charged at the "First Rate")


E7 Rates (first 1kWh in day time is charged at "First Rate", i.e. if you only used night time units there would be zero standing charge)
Quite a pricey night rate though.

[John_S]

I had a quick look at it and I was only shown the option of an electricity only quote or an electricity plus gas quote. No choice of gas only.