Outgoing Octopus

[nowty]

(nowtythread for searching)
I've bitten the bullet and applied for Outgoing Octopus, so I will be opted out of deemed export on my FIT. The 15p / kWh on the fixed export is just too tempting now you can have it with IO import.

I'll let you all know how the switch goes.

[NikoV6]

Me too, will be testing Octopus assertion that no MCS certificate is needed! G99 signed off and export MPAN in progress!

[Yuff]

How does this work in the customers favour?
Currently I get a lot of off peak schedules to maximise using the heat pumps, would this tariff affect that?

[sharpener]

How does this work in the customers favour?
Currently I get a lot of off peak schedules to maximise using the heat pumps, would this tariff affect that?

I think this is an export tariff which you can combine with some or all of the various Octopus off-peak tariffs

now you can have it with IO import.

[nowty]

Until a few weeks back you could only get 4.1p / kWh export combined with either the IO or GO import tariff. But now you can have 15p fixed export with IO import and 8p fixed export on GO import.

https://octopus.energy/blog/outgoing-fa ... mbinations

[Yuff]

Until a few weeks back you could only get 4.1p / kWh export combined with either the IO or GO import tariff. But now you can have 15p fixed export with IO import and 8p fixed export on GO import.

https://octopus.energy/blog/outgoing-fa ... mbinations

i haven’t set up an export tariff so not sure how this would work with IO, I am thinking of increasing our storage in November but not sure how I can benefit.
Im assuming I would export when I am using a small amount of electricity and import at all,other times when I have off peak energy. Is it that straightforward? That sounds too good to be true…..

[NikoV6]

Until a few weeks back you could only get 4.1p / kWh export combined with either the IO or GO import tariff. But now you can have 15p fixed export with IO import and 8p fixed export on GO import.

https://octopus.energy/blog/outgoing-fa ... mbinations

i haven’t set up an export tariff so not sure how this would work with IO, I am thinking of increasing our storage in November but not sure how I can benefit.
Im assuming I would export when I am using a small amount of electricity and import at all,other times when I have off peak energy. Is it that straightforward? That sounds too good to be true…..

Pretty much how I understand it for Intelligent Octopus. Import overnight to fill car and battery at 7.5p a unit, export during the day any excess at 15p a unit. Seems too good to be true but I think that's what they are offering?

[nowty]

Yep its a bit nuts and even if you have a small home battery, you could game the IO for say a 9 hour cheap slot and charge for 1 hour, then export for 1 hour, then rinse and repeat another 4 times.

This assumes you have the means to do a forced discharge.

[John_S]

Even without a battery it looks good.

At the moment for around six months of the year, solar PV heats my hot water cylinder. Sometimes it needs a little help if there are a few days of no sunshine. Also sometimes when family visit.

So, I can substitute diverting surplus PV from heating water to export at 15p per kWh and heat the water during the IO 6 hr window at 7.5p per kWh or anytime gas at 7p.

In three years my smart meter export register states I have exported c. 600kWh pa - this is after diversion to the HWC. Deemed export is around 50% of 1900kWh pa, so it looks like a winner to me.

Also, it makes a battery more viable as I could export from it as well as just using it to save peak import.

[nowty]

Yes its going to be a totally different operation, making the solar diverter almost redundant. Even in summer, heat everything overnight on the cheap slot, and export as much as possible in the daytime.