Just Joined the Intelligent Octopus Tariff

[martinW]

7.5p cheap rate for me

Sticking with Go Faster 5 hours at 5.5p and 16.9p normal rate. Hopefully I've still go this until June 2022 so can ride out the price hikes.

[Stinsy]

7.5p cheap rate for me

Sticking with Go Faster 5 hours at 5.5p and 16.9p normal rate. Hopefully I've still go this until June 2022 so can ride out the price hikes.

I'm currently on Go Faster 5/15p with a 2030-0030 cheap period. When it ends in August I'm assuming that I won't be renewing on to a tariff that looks anything like what I have now. 2030 starts, 5p/kWh, and market competitive peak prices seem to have gone for good.

When I signed up for Go I'd been paying 17p/kWh for flat rate electric, so 15p for peak was a no-brainer. Now flat rate is 20p but peak on a ToU is 30p.

Previously you'd have been better off on a ToU without doing anything, every bit of power you did manage to time-shift was a bonus. Now you *HAVE* to time-shift a chunk just to break even.

I've done some calculations:

kWh per month	750
Standing charge per day	£0.25
Flat tariff per kWh	£0.20
ToU Cheap Rate per kWh	£0.05
ToU Peak Rate per kWh	£0.30

Off-peak %	Flat tariff	ToU tariff
10.00%	£157.50	£213.75
20.00%	£157.50	£195.00
30.00%	£157.50	£176.25
40.00%	£157.50	£157.50
50.00%	£157.50	£138.75
60.00%	£157.50	£120.00
70.00%	£157.50	£101.25
80.00%	£157.50	£82.50
90.00%	£157.50	£63.75
100.00%	£157.50	£45.00

Basically based on this you need to squeeze at least 40% of your electricity usage into the cheap period to make it work. It'll pay off a bit for us weirdos with our big solar arrays and battery packs. But the average family with a BEV to plug in isn't as obviously better off on a ToU tariff.

[nowty]

Well it had to happen sooner or later to align with the new 7.5p Go rate and I note a renew in my area also says 7.5p.

I'm still on 5p cheap rate until Sept so my leccy will still be free next winter (with Ripple), just not negative, like it will in 6 weeks time.

PS - Even with 2 EV's (I've only got one Octopus, honest !), and the heatpump and storage heaters and the near elimination of gas I still only use 0.25% of peak rate.

Not to mention the bricks in the fan oven and Stinsey thinks we are weirdos ?, I cannot understand what you mean.

PPS - Nowty Towers was toasty this morning with sub zero outside, very toasty indeed.

[nowty]

Had a nice drive to Lulworth cove today with the TM3 doing most of the driving.



Just a short walk way from the real reason to visit which was to pick up a surplus mint condition storage heater to relieve the need to keep bricks in my oven.



Having not got a woodstove myself, I found one to sit by whilst sampling the local Dorset apple juice.



Now the TM3 requires a recharge and the Octopus is being very generous tonight with 3 extra hours of cheapslot and all nicely back to back so SWMBO is going to do her washing loads this evening instead of tomorrow.

[nowty]

One of the drawbacks with getting extra cheapslots is if you forget to change your battery inverter settings back to the fixed hours. An example was yesterday when I thought I had changed it back but did not. Luckily I noticed after only 25 mins but still clocked up 2.23 kWh of peak rate which is almost a months worth for me.

[nowty]

Had an email from Octopus today saying,

We’ve noticed something has changed for a few customers’ Teslas overnight, which we believe is due to a change which Tesla has recently made. We’ve taken a long look at the issue, and are currently unable to Smart Charge your Tesla.

To resolve the issue, we’d like to ask you to disconnect and then reconnect your Tesla in the Intelligent Octopus app:

1. Go to the Intelligent Octopus settings
2. Disconnect your device
3. Complete IO onboarding and connect your Tesla again


It failed first time, possibly as I had the charger set to half power.
Second time I turned it up full and had to burn a little peak rate , but the test charge past and is now re-conencted.

[Stinsy]

They’re not having much luck with this tariff!

They started with one car and one charging point. Then they had one car. Now even that isn’t working!

[nowty]

The Octopus website does not show this yet but my App suggests other EVs may now work.

[rogeriko]

Just got this from Octopus Go. The new rate is 32.49p


I use over 1000kw hr a month. They have got something wrong methinks.

[Andy]

Ouch. I'm on 7p and 28p at the moment with utility warehouse. That's some jump for you. I'm dreading what's coming.