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Who's your electricity provider and what's your tariff?

 
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Electricity, Tariffs, Monitoring & Providers
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 siko
(@siko)
Estimable Member Member
Joined: 4 years ago
Posts: 44
13/10/2021 8:03 am  
Posted by: @batalto

I'm just waiting for my smart meter to come active and I'll move to Octopus GO - its fixed for 12 months at 15p/kw and 5p/kw from 00.30 - 04.30

I'd advise anyone with them to switch ASAP as they've confirmed the prices are fixed for 12 months

Yeah that's a brilliant deal if you can get it - sadly the WAN coverage is not good enough for us in the back of beyond when I asked Octopus.


   
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Mars
 Mars
(@editor)
Illustrious Member Admin
Joined: 4 years ago
Posts: 3368
Topic starter 13/10/2021 9:13 am  

@kev-m, I'm waiting for our E.ON tariff bombshell after we were assigned them too. 

Buy Bodge Buster – Homeowner Air Source Heat Pump Installation Guide: https://amzn.to/3NVndlU
From Zero to Heat Pump Hero: https://amzn.to/4bWkPFb

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 batalto
(@batalto)
Famed Member Member
Joined: 4 years ago
Posts: 1091
13/10/2021 9:28 am  

@jeff Just switched this morning and I can say, I squeaked in!!! As a note, they said I would get the tariff when I applied (back before August) and not the current rate

Octopus Go rates

Period Price (inc. VAT)
00:30 - 04:30 5.00
04:30 - 00:30 15.59

12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
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Jeff
 Jeff
(@jeff)
Noble Member Member
Joined: 4 years ago
Posts: 481
13/10/2021 10:26 am  
Posted by: @batalto

@jeff Just switched this morning and I can say, I squeaked in!!! As a note, they said I would get the tariff when I applied (back before August) and not the current rate

Octopus Go rates

Period Price (inc. VAT)
00:30 - 04:30 5.00
04:30 - 00:30 15.59

Good to hear. 

I assume the 12 months on this tariff lasts until around October 13th 2022? The only thing you have lost out on is your old tariff lasted until sometime in 2023?

The Octopus Agile tariff struggles at the moment as Octopus don't forward buy any of the electricity for these users unlike the Go tariff. 

As an aside some of the people on V2G trials are experiencing dramatic savings at the moment. Some even have such large payments for the V2G electricity that it covers the whole of their gas and electric bills and they have credit on their accounts. Large car and home batteries where the supplier takes control of when they charge and discharge will be an interesting area to watch.

We may only see tariffs like Octopus Go for a couple of years. 

This post was modified 4 years ago 2 times by Jeff

   
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 batalto
(@batalto)
Famed Member Member
Joined: 4 years ago
Posts: 1091
13/10/2021 10:36 am  

@jeff I cant actually see when it ends. They stated 12 months, but I have nothing giving an end date. However hopefully all these issues will be cleared for this time next year.

12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
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Jeff
 Jeff
(@jeff)
Noble Member Member
Joined: 4 years ago
Posts: 481
13/10/2021 10:54 am  
Posted by: @batalto

@jeff I cant actually see when it ends. They stated 12 months, but I have nothing giving an end date. However hopefully all these issues will be cleared for this time next year.

There may be a page on your octopus online account with the info, i think most suppliers have a page with the contract details.

Worst case the details are on the second page of your octopus bills i see.

https://octopus.energy/blog/statement-questions/


   
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 batalto
(@batalto)
Famed Member Member
Joined: 4 years ago
Posts: 1091
13/10/2021 11:04 am  

@jeff guess i'll just wait for my first monthly bill

12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
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 prjohn
(@prjohn)
Reputable Member Member
Joined: 4 years ago
Posts: 125
13/10/2021 11:15 am  

@editor you'll go on there NextFlex rate approx 21p/kW daily approx 25p.


   
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Jeff
 Jeff
(@jeff)
Noble Member Member
Joined: 4 years ago
Posts: 481
13/10/2021 11:27 am  
Posted by: @editor

@kev-m, I'm waiting for our E.ON tariff bombshell after we were assigned them too. 

https://www.eonnext.com/tariff-search

Type in your postcode and you will see the NextFlex rates which are their standard variable rates. You may see more that one, this is because people pay their bills in different ways, e.g. pre payment meters. 


   
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Mars
 Mars
(@editor)
Illustrious Member Admin
Joined: 4 years ago
Posts: 3368
Topic starter 14/10/2021 8:20 am  

My tariff for our post code.

Unit rate 22 p/kWh
Standing charge 23.5 p/day

Makes running a heat pump completely unaffordable. 

Buy Bodge Buster – Homeowner Air Source Heat Pump Installation Guide: https://amzn.to/3NVndlU
From Zero to Heat Pump Hero: https://amzn.to/4bWkPFb

Subscribe and follow our Homeowners’ Q&A heat pump podcast


   
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Mars
 Mars
(@editor)
Illustrious Member Admin
Joined: 4 years ago
Posts: 3368
Topic starter 14/10/2021 8:22 am  

@batalto, did you already have a smart metre?

Buy Bodge Buster – Homeowner Air Source Heat Pump Installation Guide: https://amzn.to/3NVndlU
From Zero to Heat Pump Hero: https://amzn.to/4bWkPFb

Subscribe and follow our Homeowners’ Q&A heat pump podcast


   
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 batalto
(@batalto)
Famed Member Member
Joined: 4 years ago
Posts: 1091
14/10/2021 8:56 am  

@editor no we had to get one fitted. They used the rate we agreed when we applied. Not what it was when the meter was fitted. Took a couple of months

12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
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