They've been saying that for 3 weeks XD
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
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They've been saying that for 3 weeks XD
Dont see any mention of Go on there, but it very likely falls under fixed tariffs. It's basically a significantly enhanced E7 tariff.
This is the only worry I see, if they decide to treat GO like the Eco7 tariff and average it out.
From the portal.
"The Economy 7 cap, as shown in these tables, is a 'blended average'. This means that suppliers can alter day and night price levels so long as together, their average price does not exceed the Energy Price Guarantee cap. (This means the day price may be higher than the cap, for example)."
From the portal.
"The Economy 7 cap, as shown in these tables, is a 'blended average'. This means that suppliers can alter day and night price levels so long as together, their average price does not exceed the Energy Price Guarantee cap. (This means the day price may be higher than the cap, for example)."
Something noticed by people on MSE is Octopus's E7 has horrible night rates, whilst other suppliers are not too far off Octopus GO but with much higher peak prices. So the EPG might brings things closer although I think GO with it been subsidised will still win out with the caveat its been made exclusive to EV owners.
Caporegime
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- 30 Jul 2013
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I have my Electricity fixed on Octopus Go, but my Gas is variable.
How will that work?
Thanks again. Those are the prices I was quoted for the SVT from 1st October. What they couldn’t tell me was the current cost of the SVT!
Personally I have decided to stay on both Agile and Gas tracker V3. Gas is below the cap almost every day now, and below 8p today. Agile went below 10p yesterday. If they get pegged to cap again I am within 1p of EPG rates with discounted SC.
Probably will be dealt with separately to each other.
Probably will be dealt with separately to each other.
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Caporegime
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- 30 Jul 2013
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Actually, it looks like my fixed rate until April 2023 is already below the 34p per unit of electricity they are allowed to charge, so I guess I'll mainly just benefit from the £400 payment and it'll keep my gas prices lower (they are currently showing as 7.34p/KWH)
My fix is due to start on 1st - am I correct in thinking a 17p and 4p discount will then be applied automatically? This will leave my electric 1p over the EPG so in this case I would be better off cancelling the fix?
That would completely defeat the point in Go, e.g. to have a short period of very cheap units to charge your EV.
I'm not that worried about what they do with it tbh - mine is capped at 35p anyway, so reducing it to the govt. rates would save me ~£50/year at most!
My gas tracker on the other hand is capped at 16p, and while it hasn't gone over 11p in almost 2 weeks, when demand starts to increase over winter I wouldn't be surprised if it sits at the cap for several weeks. At ~5p/kWh over the govt. rates that's about £50/month difference!
if tv/virgin/xbox are together consuming 85W standby you probably need to check their power saving options
eg.
As pointed out by Alex Hern, technology editor for The Guardian, an Xbox Series X left on standby can cost owners £132 in electricity a year. If you brought your Xbox Series X prior to May 2022, this will be the default mode. To avoid this, simply enter your settings and select ‘Energy Saver Mode’ instead.
doesn't the octopus interface enable you to see historically your (individual) electricity saving using Agile versus their other tarifs .. so you know if it -was- to your advantage,
similarly you'd want such a comparison for any tracker tarifs.
Dont think you can see previous day graphs, would need to use a 3rd party site.
However the 35p agile because it has 21p day SC, its always cheaper even if its pegged at 35p vs the EPG.
via https://octopus.energy/agile/
looked at Octopus Agile Kwh price, average, over last month for time slots, wouldn't be a pretty bill for me in E of England -
not sure I understand how they can't be making a massive loss on overnight GO 7.5p rate if the Agile rate is nowhere near, as data does not show any renewable energy surplus being sold off at bargain rates (maybe we are shipping it to France, with their downed nukes)
I wonder how much Octopus get from the battery storage they dump into the grid overnight.
via https://octopus.energy/agile/
looked at Octopus Agile Kwh price, average, over last month for time slots, wouldn't be a pretty bill for me in E of England -
not sure I understand how they can't be making a massive loss on overnight GO 7.5p rate if the Agile rate is nowhere near, as data does not show any renewable energy surplus being sold off at bargain rates (maybe we are shipping it to France, with their downed nukes)
Just had my 2nd bill this month from Scottish Power. I have a smart meter (electric only) and submit meter readings regularly. It does seem a bill is generated every time I submit readings.
£126.22 (combined) from 31st Aug til 25th Sept. So I'm hoping my monthly bills will be ~£146-£151/month ((126.22 / 26) * 30) (or 31). Perhaps a little increased usage in the winter. Then with the £400 worth of gov credits, I should hopefully get back down to sub-£100. (for the next 6 months anyway - hopefully my logic isn't too flawed there).
They still won't let me decrease my DD sub £200. The app says no, and a £500 one off payment if I try to do it on their website. Maybe possible after a month or two at new rates.
£126.22 (combined) from 31st Aug til 25th Sept. So I'm hoping my monthly bills will be ~£146-£151/month ((126.22 / 26) * 30) (or 31). Perhaps a little increased usage in the winter. Then with the £400 worth of gov credits, I should hopefully get back down to sub-£100. (for the next 6 months anyway - hopefully my logic isn't too flawed there).
They still won't let me decrease my DD sub £200. The app says no, and a £500 one off payment if I try to do it on their website. Maybe possible after a month or two at new rates.
Soldato
- Joined
- 2 Jul 2019
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- 2,683
Just got my email through from Octopus with the discount applied to my DD. £66 or £67 less DD now, can't remember which it was.
They probably subsidising agile like they do the GO tariffs. GO is for sure subsidised for the reasons you stated, agile night rates dont get close.
via https://octopus.energy/agile/
looked at Octopus Agile Kwh price, average, over last month for time slots, wouldn't be a pretty bill for me in E of England -
not sure I understand how they can't be making a massive loss on overnight GO 7.5p rate if the Agile rate is nowhere near, as data does not show any renewable energy surplus being sold off at bargain rates (maybe we are shipping it to France, with their downed nukes)
Octopus make money from their renewable investments and software services so have the pockets for things like this.
But yeah I wouldnt switch to the current agile, its cap is way too high.
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