Octopus Go - stick or twist at current rates??

katie279

katie279

katie279

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A sunnier or damper area than Ron-ski....
Currently on Octopus Go which works well for my solar set up.

My current rate is @ 7.5p, however the fixed rate runs out in September.

Rates for latest tariff are at 9.5p.

What's the general thoughts on whether I should renew now at 9.5p or wait to see if cheaper/better rates in September??
 
I think the downside of a 2p increase outweighs the upside; especially at such small rates.

INB4 you get whinged at for creating a separate thread :D
 
katie279 said:
Currently on Octopus Go which works well for my solar set up.

My current rate is @ 7.5p, however the fixed rate runs out in September.

Rates for latest tariff are at 9.5p.

What's the general thoughts on whether I should renew now at 9.5p or wait to see if cheaper/better rates in September??
Click to expand...

Assuming this is for an EV, then can you get Intelligent Octopus?

I'm guessing with solar you don't have much daytime usage - otherwise it might worth changing anyway as the current day rate is 29p (so 5p less than your current 34p), but then the standing charge is about 5p higher...

Without knowing your day/night usage it's impossible to tell really.
 
This is all very sensible. If your overnight usage isn’t huge and you’re a big solar producer, how about a gamble on Agile? Good for the environment and a more complex technical/mathematical challenge for you. I don’t tend to use the car much so it works well (just 3-4 kWh per day usually).

Agile really encourages me to adjust my usage pattern to match wholesale prices (which is also best for the environment), avoiding peak times and so on. Usually that’s similar to Go - charging the car & running other loads overnight, although granted usually with higher rates - mixed in with a few crazy days like yesterday where they were paying 10p or more per kWh you took off their hands. I imported 35kWh from the grid for total cost of minus £1.98 (i.e. a credit).

There’s a GivTCP integration for managing Agile alongside the solar forecast. I haven’t looked in to them yet though. I’m running the balancing automations for 2 AC couplers so it’ll be tricky to bring the Agile automation in alongside this.

I find during summer, the higher night rate is more than balanced by the higher export rate on Agile. The last couple of years I’ve ended up with a surplus on my statement over summer. It also gives you a good technical challenge to try to dump loads of power at peak times.
 
My 7.5p rate finished at the end of June and I switched to the 9.5p rate.

Interestingly despite it being a 'fixed price' contact agreed in June, Octopus have actually lowered the day rate since. Seems they are doing the right thing as normal
 
Same ours runs out in September, sticking until then on GO Faster, will have to go on Go...... Go faster is no longer an option/available.

Not sure is Go is on the capped rate, Go faster isn't
 
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I had 2 months on normal octopus flexible, since ‘go’ at that time was 45p day and 9.5p for the 4 hours at that time.
However seeing prices drop over the weekend, so go for me is slightly cheaper day rate @ 29.12p and 7.5p overnight so signed up and was instantly accepted.. When I read the email I noticed further down their other emails I’d missed that they now support the VW ID.3 on intelligent, so applied for that, it took some faffing to get on it (android app kept crashing so switched to my iPad), confirmed my charge, added the car and it seemed to accept it,.. same 29p day rate and 6 hours at 7.5p so definitely worth it at the moment, the only niggle is switching so quickly, it’s still showing I’m on ‘go’ if I login, so will have to have it a day or so and see if it sorts itself out, having 6 hours at 7.5p will help, we are used to timing all the appliances so they all use the cheaper time slot.
 
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Haggisman said:
Assuming this is for an EV, then can you get Intelligent Octopus?

I'm guessing with solar you don't have much daytime usage - otherwise it might worth changing anyway as the current day rate is 29p (so 5p less than your current 34p), but then the standing charge is about 5p higher...

Without knowing your day/night usage it's impossible to tell really.
Click to expand...
Yes, I almost went with Intelligent, however spotted it's variable, not fixed rate, so won't really help avoid high costs in winter!
 
Yes I have two EVs, so I'd probably put the Tesla on the dynamic charge and the Leaf on the normal overnight - just annoying they don't have a fixed rate version!
 
I've just moved to intelligent. Does this effectively make the in-home display partially redundant? Mine is showing the current unit rate as 7.5p all the time now.

That can't be right. :confused:
 
Bug One said:
I've just moved to intelligent. Does this effectively make the in-home display partially redundant? Mine is showing the current unit rate as 7.5p all the time now.

That can't be right. :confused:
Click to expand...

Correct the IHD doesn't update frequently enough to display any useful tarrif information. You'll have to just use the Octopus App to tell you when if you are getting a cheaper rate (Because octopus have scheduled some EV charging) outside of the standard 6 hour window (11:30pm - 5:30am).
 
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