https://octopus.energy/tariffs/
Don’t press “Get a Quote” but instead put your postcode in to see tariffs for your region.
The gas tariffs will be horrific. The energy cap is the best you can get. Do not switch your gas to anyone else no matter who you are currently with. Switching your electricity if you have an EV and a smart meter is a different matter.
Depends on your current usage for the house - if its sensible, and you do over 8k miles per year, you'll see your car usage in kWh as high as running the house. We use about 3500kWh per year for the house and about 4500kWh per year putting 12k miles on 2 x ID3s.owlservice wrote: ↑Sat Apr 02, 2022 8:15 am Been reading the comments.
I'm currently with British Gas, with no EV tariff available, currently.
I am debating whether to switch over to Octopus. My tariff ends at the end of April, then I move over to a flexible tariff.
I can't work out if those 4 hours of 7.5p kw EV tariff on Octopus, make up for the 35p kw for the remainder of the day. Or do I stick with BG, whose flexible is 28p kw?
I am with SSE and have similar rates. For me, currently (no pun intended) switching would not be cheaper. It depends on the balance between your domestic use and mileage.owlservice wrote: ↑Sat Apr 02, 2022 8:15 am Been reading the comments.
I'm currently with British Gas, with no EV tariff available, currently.
I am debating whether to switch over to Octopus. My tariff ends at the end of April, then I move over to a flexible tariff.
I can't work out if those 4 hours of 7.5p kw EV tariff on Octopus, make up for the 35p kw for the remainder of the day. Or do I stick with BG, whose flexible is 28p kw?
Hi Owlserviceowlservice wrote: ↑Sat Apr 02, 2022 8:15 am Been reading the comments.
I'm currently with British Gas, with no EV tariff available, currently.
I am debating whether to switch over to Octopus. My tariff ends at the end of April, then I move over to a flexible tariff.
I can't work out if those 4 hours of 7.5p kw EV tariff on Octopus, make up for the 35p kw for the remainder of the day. Or do I stick with BG, whose flexible is 28p kw?
There is no specific "magic number", it's totally dependent on your domestic/EV mix. Is that "42% night time usage" tailored to you or the average user? What's the economy 7 and normal rates? These will also influence that magic number for you.Griff wrote: ↑Sat Apr 02, 2022 8:46 amI am with SSE and have similar rates. For me, currently (no pun intended) switching would not be cheaper. It depends on the balance between your domestic use and mileage.owlservice wrote: ↑Sat Apr 02, 2022 8:15 am Been reading the comments.
I'm currently with British Gas, with no EV tariff available, currently.
I am debating whether to switch over to Octopus. My tariff ends at the end of April, then I move over to a flexible tariff.
I can't work out if those 4 hours of 7.5p kw EV tariff on Octopus, make up for the 35p kw for the remainder of the day. Or do I stick with BG, whose flexible is 28p kw?
SSE have an Economy 7 tariff but state that 42% of usage needs to be nightime in order for it to be cheaper. I have seen that number quoted elsewhere too. I haven't worked out what the magic number is for Octopus Go.....
Ok, agreed, to clarify, it is based on comparison of specific tariffs. In SSE's case they were comparing between their own flexible and eco-7 tariffs. i.e it would be worthwhile for me to switch between those two if 42% of my consumption was "nightime".monkeyhanger wrote: ↑Sat Apr 02, 2022 9:07 am
There is no specific "magic number", it's totally dependent on your domestic/EV mix. Is that "42% night time usage" tailored to you or the average user? What's the economy 7 and normal rates? These will also influence that magic number for you.
Sounds like a switch would be good for you, subject to checking out the standing charges (Octopus are among the cheapest) - do you have a SMETS2 smart meter for eectricity? I would suggest you leave gas variable with Octopus, there's no cheap fixes for gas right now, best just to skirt under the price cap.Griff wrote: ↑Sat Apr 02, 2022 9:22 amOk, agreed, to clarify, it is based on comparison of specific tariffs. In SSE's case they were comparing between their own flexible and eco-7 tariffs. i.e it would be worthwhile for me to switch between those two if 42% of my consumption was "nightime".monkeyhanger wrote: ↑Sat Apr 02, 2022 9:07 am
There is no specific "magic number", it's totally dependent on your domestic/EV mix. Is that "42% night time usage" tailored to you or the average user? What's the economy 7 and normal rates? These will also influence that magic number for you.
Using the BG/OG numbers ..... my maths shows that only 25% of usage need be nightime in order for it to be viable. (assuming standing charges are comparable)
yes, I do have a SMETS2 and spoke to Octopus earlier this week. I am marginal as to whether it is beneficial. My domestic usage is 4500kWh....but I suspect it is high due to lockdown and having five adults around the house working/studying/drinking coffee, hopefully will be lower in future.monkeyhanger wrote: ↑Sat Apr 02, 2022 9:46 amSounds like a switch would be good for you, subject to checking out the standing charges (Octopus are among the cheapest) - do you have a SMETS2 smart meter for eectricity? I would suggest you leave gas variable with Octopus, there's no cheap fixes for gas right now, best just to skirt under the price cap.Griff wrote: ↑Sat Apr 02, 2022 9:22 amOk, agreed, to clarify, it is based on comparison of specific tariffs. In SSE's case they were comparing between their own flexible and eco-7 tariffs. i.e it would be worthwhile for me to switch between those two if 42% of my consumption was "nightime".monkeyhanger wrote: ↑Sat Apr 02, 2022 9:07 am
There is no specific "magic number", it's totally dependent on your domestic/EV mix. Is that "42% night time usage" tailored to you or the average user? What's the economy 7 and normal rates? These will also influence that magic number for you.
Using the BG/OG numbers ..... my maths shows that only 25% of usage need be nightime in order for it to be viable. (assuming standing charges are comparable)
We just got a heat pump tumble dryer to replace a 12 year old condenser tumble dryer, and the new one has a timer delay, so trying to encourage us putting the washer on late on an evening and go in the tumbler with a delayed start within the cheap window. I'm hoping it will make a small but noticeable difference to the bill in that it'll be more efficient, and I can use it when electricity is cheap.Griff wrote: ↑Sat Apr 02, 2022 10:08 amyes, I do have a SMETS2 and spoke to Octopus earlier this week. I am marginal as to whether it is beneficial. My domestic usage is 4500kWh....but I suspect it is high due to lockdown and having five adults around the house working/studying/drinking coffee, hopefully will be lower in future.monkeyhanger wrote: ↑Sat Apr 02, 2022 9:46 amSounds like a switch would be good for you, subject to checking out the standing charges (Octopus are among the cheapest) - do you have a SMETS2 smart meter for eectricity? I would suggest you leave gas variable with Octopus, there's no cheap fixes for gas right now, best just to skirt under the price cap.Griff wrote: ↑Sat Apr 02, 2022 9:22 am
Ok, agreed, to clarify, it is based on comparison of specific tariffs. In SSE's case they were comparing between their own flexible and eco-7 tariffs. i.e it would be worthwhile for me to switch between those two if 42% of my consumption was "nightime".
Using the BG/OG numbers ..... my maths shows that only 25% of usage need be nightime in order for it to be viable. (assuming standing charges are comparable)
And Mrs Griff seems strangely reluctant to do the washing / ironing at 2am.........
But, yes, I need to take another look.
Looks handy! Is the Octopus standing charge in your area really 43.12p per day where you are? Mine is 23p a day (North Tyneside area), that's a hel of a difference.monkeyhanger wrote: ↑Sat Apr 02, 2022 8:43 amDepends on your current usage for the house - if its sensible, and you do over 8k miles per year, you'll see your car usage in kWh as high as running the house. We use about 3500kWh per year for the house and about 4500kWh per year putting 12k miles on 2 x ID3s.owlservice wrote: ↑Sat Apr 02, 2022 8:15 am Been reading the comments.
I'm currently with British Gas, with no EV tariff available, currently.
I am debating whether to switch over to Octopus. My tariff ends at the end of April, then I move over to a flexible tariff.
I can't work out if those 4 hours of 7.5p kw EV tariff on Octopus, make up for the 35p kw for the remainder of the day. Or do I stick with BG, whose flexible is 28p kw?
8000kWh @28p per kWh = £2240
3500kWh @35p per kWh + 4500kWh @7.5p per kWh = £1562
All that excludes daily charge, but Octopus is generally pretty cheap on that score. It all depends on how many miles you do a year and what your house usage is to see whether Octopus Go or BG at a flat rate works for you. If you use a hell of a lot of electricity in the house and do a tiny mileage, Octopus Go might not be for you.
I applied for Go before the price increase, but didn't confirm, and now can't see if the rate is preserved or not... But my electric is fixed until end of May and my car isn't really due this year, so I guess I'll just wait to switch anyway.Utumno wrote: ↑Sat Apr 02, 2022 1:37 pm Oof that’s unpleasant. Our Go is renewing on 13 April 2022 and our standing charge is actually dropping from 25p/day to 24.11p/day. The per kWh rates are of course rising (to 30.61p/kWh peak and 7.5p/kWh during the Go window) but honestly under the current energy pricing crisis I didn’t think that was too bad … plus I’m insulated against the expected price rises in October as well as Go is a 12 month fix.
But this in South East (Oxfordshire) rather than South West.
EDIT : just looked at the currently available tariffs for us, and Go (March 2022) has now changed again to 34.86p/kWh peak and 43.12p/kWh !!
Am feeling pretty fortunate that we’re moving to Go (December 2021) instead of Go (March 2022) even though we’re not moving until April 13th!