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Octopus E Mail – Energy costs are coming down. Ofgem have announced the new Energy Price Cap rates for April 2024.
Octopus Energy Limited
Current tariff name Intelligent Octopus Go October 2022 v1
Current tariff code E-1R-INTELLI-VAR-22-10-14-M
New tariff name Intelligent Octopus Go
New tariff code E-1R-INTELLI-VAR-22-10-14-M
My Annual consumption 2,583 kWh
Your new prices
Electricity
Current prices
until 31st March 2024
New prices
from 1st April 2024
Standing charge (per day) 53.957p up to 65.373p
Unit rate – day (per kWh) 29.555p down to 25.834p
Unit rate – night (per kWh) 7.500p no change 7.500p
Your estimated annual cost
Current prices
until 31st March 2024
New prices
from 1st April 2024
Electricity (£36.18 annual decrease) £852.06 £815.88Every little helps I suppose, but daily charge has increased.
2024 - KIA EV6 GT Line AWD
2019 - 2024 BMW X1 2.0d X Drive Sport Auto
2017 -2019 Audi Q3 2.0d Quattro Sport Line Plus
2005 - 2017 Honda CRV Exec 2.0d
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Octopus E Mail – Energy costs are coming down. Ofgem have announced the new Energy Price Cap rates for April 2024. Octopus Energy Limited Current tariff name Intelligent Octopus Go October 2022 v1 Current tariff code E-1R-INTELLI-VAR-22-10-14-M New tariff name Intelligent Octopus Go New tariff code E-1R-INTELLI-VAR-22-10-14-M My Annual consumption 2,583 kWh Your new prices Electricity Current prices until 31st March 2024 New prices from 1st April 2024 Standing charge (per day) 53.957p up to 65.373p Unit rate – day (per kWh) 29.555p down to 25.834p Unit rate – night (per kWh) 7.500p no change 7.500p Your estimated annual cost Current prices until 31st March 2024 New prices from 1st April 2024 Electricity (£36.18 annual decrease) £852.06 £815.88 Every little helps I suppose, but daily charge has increased.
Ofgem rates were announced ages ago,
What you have posted is unique to your specific region
Every little helps I suppose, but daily charge has increased.
What one hand giveth the other taketh away…
The standing charge is nothing bit a rip off!
Agile still cheaper for me, heat pump goes off 4-7 during stupid rates time and our price per month is around 15p/kWh.
As for prices yes that’s for that area but it’d be fairly unlikely Octopus will put the price down only on that region and we know the price drop is true already plus it’s spring anyway
Our Enyaq is due around May, we are currently doing around 6000 miles a year, but I estimate 2000 of those miles will be paying for ultra rapid charging.
That means we’ll be paying for 4000 miles from British Gas. I’m in two minds if it’s worth going on a night time charging tariff as the standing charge is higher as if the daytime unit rate on the rest of what we use. I don’t think it will be cheaper, especially if they keep the half price Sunday offer.
i took a deal end of last year, just a one year thing. looking like its been wrong thing to do but hey ho.
Current Car: Hyundai Kona Premium EV...2 way 40kg hoist
Last Car: Toyota C-HR Excel Hybrid...4 way 80kg hoisti took a deal end of last year, just a one year thing. looking like its been wrong thing to do but hey ho.
If your energy supplier has a better tariff they may let you switch without paying an exit fee, British Gas do this.
Yup, current British Gas EV rates have no exit fees.
But most deals are usually one year contracts, so you just move where its cheaper. Geographical locations incur different rates between energy suppliers.
I looked at Octopus, and they were the same as British Gas for my needs.
The gotcha is the standing charge, thats not good at all
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