My April gas and electric bill.
How to getthe best out of Octopus Flux
- Thread starter Ron-ski
- Start date
Associate
Flux is working well for me now too. We only got on it on 21st July last year, but had half of the panels and no force export as the firmware wasn't ready.
April electricity was -£64.01 and gas was £42.24 so the overall energy bill was -£21.77.
7 days into May and we're at approximately -£17 for both already!
It's not quite as good as last year as the price cap has dropped and the standing charge gone up, but I'm hoping we build up enough credit to get well into the Autumn/winter without paying anything.
April electricity was -£64.01 and gas was £42.24 so the overall energy bill was -£21.77.
7 days into May and we're at approximately -£17 for both already!
It's not quite as good as last year as the price cap has dropped and the standing charge gone up, but I'm hoping we build up enough credit to get well into the Autumn/winter without paying anything.
It worked very well for me, I've been on it since April 2023. I stayed on Flux through the winter, but there would have been cheaper options.
As you say prices reducing has decreased total export value, especially as export has reduced more than import costs.
As you say prices reducing has decreased total export value, especially as export has reduced more than import costs.
I am switching today to Intelligent flux. Going to try it out, I think the gains over the summer will offset the 13p increase in standing charges. In theory 1 peak unit exported covers it per day.
I based it on this
Electricity 8 APR 2024 - 7 MAY 2024
267.55 kWh We credited your account £40.13 £820.40
Electricity 8 APR 2024 - 7 MAY 2024101.39 kWh We charged your account £16.89 £780.27
Not really imported much and those 100 units were basically just gaming agile when it was negative, most of the cost is standing charges.
I based it on this
Electricity 8 APR 2024 - 7 MAY 2024
267.55 kWh We credited your account £40.13 £820.40Electricity 8 APR 2024 - 7 MAY 2024
101.39 kWh We charged your account £16.89 £780.27Not really imported much and those 100 units were basically just gaming agile when it was negative, most of the cost is standing charges.
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My early observations on IOF. Good days are about 40-50% better than agile in terms of money made, average days are about the same and bad days will be worse than agile on average but will depend on the agile pricing obviously.
It tops up the battery at a low steady rate so its just about full by 4pm, then it starts discharging but not at maximum rate and not always for the entire 3 hour period. Sometimes it also exports later in the day in the 7-9pm region.
Idle means idle, you then import from the grid overnight until solar kicks in the next day, as unit rates are symmetrical it makes more sense than using the battery.
So far I am averaging 26p per unit exported. If you can accept the loss of control i'd agree with the octopus take on it being quite a bit better than regular flux.
It tops up the battery at a low steady rate so its just about full by 4pm, then it starts discharging but not at maximum rate and not always for the entire 3 hour period. Sometimes it also exports later in the day in the 7-9pm region.
Idle means idle, you then import from the grid overnight until solar kicks in the next day, as unit rates are symmetrical it makes more sense than using the battery.
So far I am averaging 26p per unit exported. If you can accept the loss of control i'd agree with the octopus take on it being quite a bit better than regular flux.
Associate
Rates have just come in for me from 1st July. As expected with falling prices, its a bit more of a hit on export income and takes more units exported to offset the ridiculous standing charge.
What's interesting is that the flux export rate outside of 2-5am and 4-7pm has not fallen. There's now only around 7 pence difference for me between that and the flux export rate.
2-5am import is now 12.7p but standard export rate is 14.2p still. I guess they are worried people will bail and jump elsewhere, especially when they offer 15p fixed themselves?
What's interesting is that the flux export rate outside of 2-5am and 4-7pm has not fallen. There's now only around 7 pence difference for me between that and the flux export rate.
2-5am import is now 12.7p but standard export rate is 14.2p still. I guess they are worried people will bail and jump elsewhere, especially when they offer 15p fixed themselves?
Just got my July electric rates, as per usual export rates drop more than import rates.
Import Flux rate has dropped 1.3p, whilst export flux rate has dropped 2.22p.
That's good news that the day rate hasn't dropped, I hadn't noticed that, ad least that's some good news regards export rates.
Import Flux rate has dropped 1.3p, whilst export flux rate has dropped 2.22p.
That's good news that the day rate hasn't dropped, I hadn't noticed that, ad least that's some good news regards export rates.
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@tony224.
Do you mean 13 kWh average daily import and 30 kWh daily export? A lot more detail is required before anyone could advise.
Do you have an EV, heat pump, or batteries?
Do you mean 13 kWh average daily import and 30 kWh daily export? A lot more detail is required before anyone could advise.
Do you have an EV, heat pump, or batteries?
@tony224 Surely you know if you have an EV or heat pump. As for how much electric you use and export it will be on your electric bill.
Soldato
i switched to outgoing fixed as the electric tracker was way cheaper than flux import and gas tracker too......you would have to work out whats best for you.
Is anyone else struggling to make money this year from their export? I’m finding the higher G&E standing charges and weaker solar production thanks to this crappy summer vs last year (and more EV miles possibly— need to check the data) is resulting in me being a net payer in June and July which is disappointing…
I’m on IO and Fixed Outgoing with solar and battery so almost entirely 7.5p in and 15p out.
I’m on IO and Fixed Outgoing with solar and battery so almost entirely 7.5p in and 15p out.
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Soldato
im making money....... tracker and fixed outgoing
Soldato
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- 19 Oct 2010
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Solar, Battery, EV (15k miles PA), IOG @ 7.5p (now 7p), Fixed Export @ 15p, No GAS we're 100% electric.
£460 profit so far this year.
| Days | Cost | Daily | SC | units off | units on | units/day off | units/day on | Total Units | ||
01/01/2024 | 15/01/2024 | 15 | £ 11.89 | £ 0.79 | £ 7.19 | 845.8 | 3.1 | 56.39 | 0.21 | 848.90 |
16/01/2024 | 29/02/2024 | 45 | £ 28.52 | £ 0.63 | £ 21.58 | 2514.8 | 22.4 | 55.88 | 0.50 | 2537.20 |
01/03/2024 | 31/03/2024 | 31 | -£ 21.72 | -£ 0.70 | £ 14.86 | 1365.6 | 1.8 | 44.05 | 0.06 | 1367.40 |
01/04/2024 | 30/04/2024 | 30 | -£ 86.34 | -£ 2.88 | £ 14.39 | 1235.1 | 1.3 | 41.17 | 0.04 | 1236.40 |
01/05/2024 | 31/05/2024 | 31 | -£107.86 | -£ 3.48 | £ 14.86 | 1199 | 4.4 | 38.68 | 0.14 | 1203.40 |
01/06/2024 | 30/06/2024 | 30 | -£159.66 | -£ 5.32 | £ 14.39 | 918.4 | 0.2 | 30.61 | 0.01 | 918.60 |
01/07/2024 | 31/07/2024 | 31 | -£123.49 | -£ 3.98 | £ 14.86 | 910.9 | 4.2 | 29.38 | 0.14 | 915.10 |
| -£458.65 |
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YTD electric and gas costs is £95.31, except due to metering issues I haven't had electric import and export for July yet, so may be closer to zero.
The biggest hurdle to going negative this year is the big drop in export rates, last April I was getting 36.85p per kWh exported at peak, and 23.18p off peak, that's now 23.723p peak and 15.652p off peak, import rates have not dropped as much.
The biggest hurdle to going negative this year is the big drop in export rates, last April I was getting 36.85p per kWh exported at peak, and 23.18p off peak, that's now 23.723p peak and 15.652p off peak, import rates have not dropped as much.