Flexible Octopus Economy 7
Hi guys,
Is anyone on Flexible Octopus with Economy 7?
Do you have an Economy 7 meter or a smart meter? I want to switch to Flexible Octopus with Economy 7, but hello@octopus sent me funny one line email saying 'you'll have to get an Economy 7 meter' when, in fact, I already have a smart meter.
Surely a smart meter is able to do it.
Hi
I’m on flexible Octopus economy 7 with smart meter they just have to send new settings to your meter just takes a few days to switch over.
Posted by: @benguela'you'll have to get an Economy 7 meter' when, in fact, I already have a smart meter.
I am on Economy 7 with a smart meter, and with Octopus. The day rate is "eye watering" though as it seems that Economy 7 has slipped through the cracks in terms of regulations.
See BBC. ...The government's price promise states a specific average unit price for most homes, but because Economy 7 customers pay two different rates, the government allows suppliers to set those rates themselves..."
So much for trying to shift consumer to off hour rates.
The day rate is "eye watering"Posted by: @william1066
It varies by region. Ours is about 45p/kWh, which seems worth it for the 17p/kWh night rate when we want to start warming the house back up and heat some water for morning washes just when the ASHP efficiency is at its worst.
Thanks guys!
Correct me, but I thought that Flexible Octopus falls under the government price cap? So shouldn't the day rate be more like 40p?
Clearly not from what you guys are posting... just want to understand.
Maybe Flexible is price capped, but Flexible Economy 7 isn't?
I need to decide between:
Octopus Go: 44p/12p and Flexible 47p/16p.
My reason for preferring Flexible were: (1) I assumed the 47p is price capped, so will come down to 40p and (2) I'd rather have seven hours of 16p than four hours of 12p because I want to run my heat pump from about 3 - 7am for a warm house when we wake up.
Not Octopus Agile? That's the tariff I would consider going on if/when I Introduce battery storage. My BIL is on Agile and has had a few instances where Octopus pay him to take electric from the grid during the night.
Sure, daytime prices could be inflated but is covered by the EPG and afaik, Agile prices haven't been so high during daytime.
See the previous post about suppliers being able to set own rate for economy 7 so no it won’t be capped to 40p
Posted by: @benguelaHi guys,
Is anyone on Flexible Octopus with Economy 7?
Do you have an Economy 7 meter or a smart meter? I want to switch to Flexible Octopus with Economy 7, but hello@octopus sent me funny one line email saying 'you'll have to get an Economy 7 meter' when, in fact, I already have a smart meter.
Surely a smart meter is able to do it.
I was all set to go onto Eco7 with Octopus pre Dec cold snap, however they said that my Gen1 Smart meter was incompatible, they were happy to change it to a Gen 2, due to workloads this didn't happen until a few weeks ago. However in the interim the cold snap made me realise that during cold weather like that I would need way more battery storage than the 5KWh I have. Then I heard about the Cosy tariff which I've been on for about 3 weeks and that suits me much better with my storage and any cold weather.
Mitsubishi Ecodan 8.5kW
4.4kW Solar PV
5.2 kWh Battery Storage
1983 build, 300mm loft insulation, cavity wall insulation (beads)
- 26 Forums
- 2,199 Topics
- 48.4 K Posts
- 34 Online
- 5,854 Members
Join Us!
Podcast Picks
Latest Posts
-
-
RE: Heat Pump Installers: Competence, Illusion and the Hard Truth Homeowners Must Face
@pirate-rich there’s a lot to do and plan, and the wish...
By Mars , 6 hours ago
-
RE: Why Air Release Valves and Deaerators are Non-Negotiable
@chas-b and @pirate-rich spent the day with us today ta...
By Mars , 6 hours ago
-
RE: Help me keep the faith with my air source heat pump installation
@adamk Its a bit complex: My 28mm primaries run for a...
By JamesPa , 8 hours ago
-
Can you separate out the scop data between hot water an...
By Andrew J H , 10 hours ago
-
RE: Solar Power Output – Let’s Compare Generation Figures
Further, these bar charts may throw a few more lumens o...
By Toodles , 11 hours ago
-
RE: Heat pump and wifi kit connection.
Wi-Fi kit covers any Samsung device that has a modem in...
By Alfapat , 1 day ago
-
RE: How to Understand Wiring Up a Heat Pump
I’m watched @pirate-rich rewire our wiring centre last ...
By Mars , 1 day ago
-
RE: Sizing - Save me from my headache
If you get an R290 pump you should be able to heat the ...
By JamesPa , 1 day ago
-
RE: Large heat pump options for church building
@aventus-eco Thanks Sean, will drop you a line.
By Josephiah , 1 day ago
-
RE: Moving FIT array onto a Tesla Powerwall 3 possible?
@toodles that’s good news for @adamk
By Judith , 1 day ago
-
RE: Samsung Gen 6 - Schedules not working
@technogeek That sounds very logical :-). I will give i...
By bontwoody , 1 day ago
-
RE: Who's your electricity provider and what's your tariff?
Considering Octopus states all their electricity is gre...
By AgentGeorge , 1 day ago
-
RE: Heat Pump + Tado Setup: Smarter Control for Secondary Pumps?
@pirate-rich thanks for the reply. If I were to explo...
By Lloydi , 1 day ago
-
RE: Seal the Deal: Don't Let Your Heat Pump Leak Energy
@transparent I think the committee might get into some ...
By Toodles , 2 days ago
-
Samsung ASHP Support in Midlands area?
Hi all, Per title.... can anyone recommend a ASHP ser...
By Andehh , 2 days ago
-
May I present the maths I referred to earlier when disc...
By Transparent , 2 days ago
-
RE: RDSAP10 effect on existing heat pump EPC rating?
How many times and dates have epc sap rules been change...
By Tim441 , 2 days ago