[Brydo]

I’ve noticed we have more posts relating to electricity tariffs and setting up of EV home charging procedures and was wondering if there was enough interest to set up a permanent sticky.

There is a fair amount of money to be saved charging from home and getting the correct tariff could save more.

I don’t really have much expertise in the topic but I’ve noticed there are those who’ve been using a number of tariffs and actually change tarrif between summer and winter so there must be money to be saved for members to go to the bother.

• This topic was modified 1 year, 10 months ago by Brydo.
• This topic was modified 1 year, 9 months ago by wmcforum. Reason: Too niche

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

Topic

[Stuart A]

Brydo wrote:

Stuart, so your 50% Scottish I knew I liked you, well half of you 😂 Yes the electricity business is in real flux just now with major changes to supply, infrastructure and how it is produced. Electricity from Wind farms is unpredictable and will therefore mean that there will be times of electricity abundance and times of scarcity. Battery storage gives the opportunity to help level out the grid but it also gives opportunities to make money. Reducing your daily use from your battery leaves you with excess energy to sell back at a profit. It’s crazy but will encourage more uptake in battery storage.

@Brydo, it’s only half but it’s something I’m proud of! No idea why though… 😁

As for the changing energy landscape, battery storage is the future as far as I can make out and yet again, as far as electrification is concerned, China are leading the way. Norway is impressive with what they’ve done but the scale of some of the projects in China are eye watering – they’ve also started installing sodium-ion battery storage which sounds an interesting development. It’s a time of great change, after over a 100 hundred years of burning fossil fuels

[kezo]

Stuart A wrote:

No idea why though…

Me neither 🤣

[Brydo]

Just received this from Octupus Energy.

You might have heard the energy price cap is increasing from October 1. We’re expecting our Flexible Octopus rates will go up too — we’re finalising them at the moment and we’ll be in touch over the next few weeks.

There’s been a lot of discussion from Martin Lewis and others about when to fix energy prices, so let me share what I can.

If you’d prefer to jump in and compare your monthly costs or switch to fixed prices, you can do so right here in your online account or directly from the Octopus app on your phone. You can download the Octopus app for Apple or Android here.

What we know:

 

A typical home on Flexible Octopus is currently paying £1,553 a year.
The Ofgem energy price cap is rising 10% from £1,568 to £1,717 from October 1.
Our Flexible prices will need to rise a similar amount. We’re finalising them at the moment, but it’s safe to assume Flexible Octopus prices will be slightly below the price cap level, thanks to our discounted standing charges.
Our 12 month fixed tariff is currently £1,656 for a typical home: cheaper than the new cap by £60 and around 6% more than currentFlexible Octopus rates.

What we don’t know:

What energy prices will do over the coming year. Most analysts are predicting the price cap will hover above £1,700 over the next 12 months, but prices are unpredictable.
How long we will be able to offer our current fixed rates for. Wholesale costs are volatile and fixed tariffs are popular right now — we update our tariffs regularly to reflect the latest costs.
If any changes to the energy price cap will move costs from the standing charge to unit rates. Ofgem is looking into this (we fully support the change, and there’s more detail below if you’re interested) but it won’t come into effect until April 2025 at the earliest (and if at all).

Ultimately, whether you choose to fix your prices or not has to be up to you. Our current fixed prices will definitely save you money over the colder months of October to January, and there’s a decent chance it will be cheaper than Flexible Octopus for the full 12 months (but that’s not guaranteed).

What is guaranteed is we won’t charge exit feeson this tariff, so should prices drop, you will be able to switch back to Flexible Octopus at any time.

If you’d like to compare your monthly costs or make the switch to fixed prices, you can do so with a few taps in your online account.

And if not, sit tight and we’ll be in touch soon with all the details of October prices.

Kind regards,
Greg Jackson
Founder

PS. What is happening with standing charges?

Along with the announcement of the new price cap rates for October, Ofgem made some positive noises about changing the way standing charges are calculated.

They are currently consulting on moving £20-£100 of operating costs from the standing charge to unit rates. We strongly support this because it gives customers more control over their energy bills — assuming sufficient support for vulnerable customers with unavoidably high energy use — and they have set a target of April 2025 to make any changes.

Additionally, some years ago Ofgem shifted a lot of grid costs onto standing charges. However since then, these costs have increased well beyond expectations. Ofgem has (thankfully) announced it will review this decision, but we don’t yet have any target for when this review will be completed

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Brydo]

That Guy Greg, who owns Octopus Energy, must think he knows me, he’s always sending me emails 😂

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[kezo]

I joined Octopusy within the last month initially on a fixed rate (22.46p kwh / 61.9p sc) I then switched to go with a day rate of 23.59p.

I’m having second thoughts re moving onto go, which are in part due to any increase and the fact I’m plugging in through a window, as I haven’t got round to fitting a socket or even a charger😂

Ofgems price caps by region inc 2 rate tariffs!

https://www.ofgem.gov.uk/get-energy-price-cap-standing-charges-and-unit-rates-region

 

[Jojoe]

the fact I’m plugging in through a window, as I haven’t got round to fitting a socket or even a charger😂

 

EV’s are doomed if the electrician on the forum can’t be arsed bothered fitting an outdoor socket or charger for his own house!

Enyaq EV

[crippleddad]

Apparently I can’t have the British Gas drivers tariff since I don’t have a smart meter. What a joke this entire process has been. This really should have been made clear before I ordered my car.

[Jojoe]

I’ve posted this elsewhere but I’ll put it here as well. British Gas have just extended Peak Save Sundays indefinitely where you get half price electricity between 11-4pm. For us that means 11.5p per kWh. We’re in most Sundays anyway as I watch Football and F1. Got my summary from them which shows we saved £5.39 in August and £72.04 for the year, this without the electric car which we are about to collect. It’s well worth switching your use age to a Sunday if you can, it means we don’t need to go on a nighttime EV tariff.

Enyaq EV

[Collie]

I think it depends on your mileage though. You will have 5 hours per week on this BG tariff at 11.5p to charge your car cheaply, or 42 hours per week on Intelligent Octopus at 7p.

[Jojoe]

@collie We average 7000 miles per year but around 1500 would be using rapid chargers so only 5500 or 105 per week charging at home. Plus I don’t like the idea of leaving the car plugged in all night, I’m paranoid the cable will get nicked.

Enyaq EV

[kezo]

My parents went EV a month ago and have gone on a 12month Octopus fixed rate, as they use most electric in the day, would cost more on EV tariff given they inflate the day rate and they won’t run white goods when a sleep.

Still 50% cheaper than them running ICE.

[Brydo]

Jojoe let’s say you get 7kwh from your wall charger. So 5hrs x 7= 35kwh per week, assume you get 3-4 miles per kwh that’s  105 – 140 miles per charge.

Taking your average weekly mileage of 150 miles you are paying for some electricity at the higher price whatever your cars efficiency. if you were on intelligent Go you would cover all your mileage on 7p per kwh.

If you add to this that all your house electrical use, for the 5hours each night, will be at the cheaper rate and i think im correct in saying that if you leave your car plugged in when you are home, octopus will charge your car at the cheap rate, if electricity is abundant on the network, and of course your house will run at the same cheap rate during these periods.

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Brydo]

Also if you have a tethered charging cable it would be very difficult for any one to steal it as it locked in at the car charging port and the other end is ……tethered lol

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Brydo]

I don’t know the details of the tariff you are on so you might be better off staying where you are but we’ve all got bits of information and the more you have the clearer the decision becomes.

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Jojoe]

@Brydo, I get your point but there’s the factor of convenience that needs to be taken into account. I prefer not to charge at night. Also, Mrs Joe works from home every day and has an oil filled electric radiator she uses in her office from September to May, she’ll also be boiling the kettle running the PC, boiling an egg etc the savings in a night time rate will be reduced by the increase in the day rate. Our average is 105 miles and that should just about be covered with the 5 hours @ 11.5p rate and BG have said they are having more Green Flex events.

Enyaq EV

[Brydo]

Jojoe two things you need mate :-

1. Some battery storage

2. A divorce lol people underestimate the cost of a wife.

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Jojoe]

Brydo wrote:

Jojoe two things you need mate :- 1. Some battery storage 2. A divorce lol people underestimate the cost of a wife.

Especially a wife who feels the cold when I don’t, the heating disagreements started early this year.

Enyaq EV

[Brydo]

I feel your pain our heating has been on for days.

Try to persuade the wife to get an electric blanket, she can put it on her chair and just let it hang over her shoulders as she works.

Warning ⚠ i tried this and it did not end well lol.

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Jojoe]

Mrs Joe has a 26 mile range scooter with a very large capacity 30 AH Samsung Lithium-ion battery, it’s a shame there’s no way of charging that during cheap hours and using it to charge things like phones and tablets when prices are higher.

Enyaq EV

[kezo]

Jojoe wrote:

Especially a wife who feels the cold when I don’t, the heating disagreements started early this year.

What you need is a smart thermostat, then when the wife turns the heating up, you can sneak into another room and turn it down via the app on you phone 😂

However, in a loving world, you would invest in some smart radiator valves. This will create a multizone system allowing your wife to have the office radiator on, whils’t all other are off or at different temp. You still have ultimate control via an app, if you think she is taking advantage lol

[Jojoe]

kezo wrote:

Jojoe wrote:

Especially a wife who feels the cold when I don’t, the heating disagreements started early this year.

What you need is a smart thermostat, then when the wife turns the heating up, you can sneak into another room and turn it down via the app on you phone 😂 However, in a loving world, you would invest in some smart radiator valves. This will create a multizone system allowing your wife to have the office radiator on, whils’t all other are off or at different temp. You still have ultimate control via an app, if you think she is taking advantage lol

We’ve got Hive with Hive TRV’s. She turns it up and I turn it down. Doesn’t help that I’m on a Diuretic for my high blood pressure, it means I’m always hot 🥵.

Enyaq EV

[Brydo]

If you are a medium to high mileage EV driver this video is worth a watch. It give the prices for charging your EV from a number of suppliers some you will recognise with others that are relatively new to the market.

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Brydo]

For those who don’t like watching videos here is a photo of the prices he discusses.

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Brydo]

While I’m posting photographs here is a snap of the tariffs on Octopus that you can mix and match.

The only person who got all his work done by Friday was Robinson Crusoe.
Anything i post over three lines long please assume it is an article lol.

[Jojoe]

@Brydo That OVO anytime seems a very good deal. They just quoted me 23.96 per unit with 38.64 standing charge. The anytime deal can be added to any OVO tariff.

Enyaq EV

[Author]

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