Octopus Go v Octopus Agile.
Octopus Go versus Octopus Agile is one of the most popular topics linked to Octopus Energy smart tariffs. You’ll need a smart meter to access both of these Octopus Energy tariffs but once you’re ready to go and leave your interim tariff the big question is Octopus Go or Octopus Agile?
What’s right for you – Octopus Go v Octopus Agile.
No one can tell you which Octopus smart tariff is right for you. So many influencers seem to hold the answer but they aren’t you and they don’t know how and when you consume energy and your personal preference to invest time in order to save money or access greener energy.
The key thing to remember is that this is all fairly new territory and whatever you do, whichever Octopus tariff you choose you’re making a greener choice that is right for you at this moment in time.
Here’s some information that may help you make up your mind on your Octopus Energy smart tariff.
The Octopus Energy Agile tariff allows you to use energy when consumption is low bringing down prices to a minimum, sometimes even free. Shift your energy use outside the 4-7 pm peak to save money and use cleaner, greener energy when there is less demand on the grid. Plus “plunge” pricing when wholesale prices go negative could even pay you to use energy!
Octopus Agile November version 1
On the 28 of November 2022 November, version 1 of the Octopus agile tariff was launched. The new Agile tariff has a cap of £1 per kWh and has an Energy Price Guarantee discount.
The NEW Octopus Go flexible tariff.
Octopus Go offers a very attractive 4 hours of electricity at 12p per kWh between 00.30 and 04.30hrs. You can keep the running costs of your EV down but you can also schedule large home appliances to run during these times, such as your washing machine and dishwasher. When the peak unit price on Octopus Go is 42.17p per kWh this will make a considerable saving on your energy bill!
The new kid on the block is the Intelligent tariff. I have been on it for a while but you have to either have a compatible EV or charger. The big draw to this tariff is that it’s 2p less off-peak than Octopus Go at 10p per kWh and you get 6 hours as standard instead of 4.
I average between 17p and 19p a kWh on the intelligent tariff. I use around 55% of my home energy off-peak even though I am home all day. My mileage isn’t massive but I load shift lots in the evening. My peak rate is slightly lower. I am still on the old fixed rate of 7.5p per kWh off-peak and 40.04p per kWh at peak.
How much does Octopus Agile cost?
The Octopus agile price per kWh of electricity changes every 30 minutes. The idea is that you shift your energy usage to a time when there is less demand on the national grid. The prices are displayed the day before on the Octopus Energy website. You can find out more information about the Agile tariff on the Octopus website.
Octopus Agile is usually much more expensive than Go between 4 pm to 7 pm peak period but cheaper than Go from 04:30 am to 4 pm.
Octopus Agile tariff price on Wednesday 1st February 2023
This is the November version 1 of the Agile tariff.
Min: 14.1p per kWh (03.30)
Max: 34.0p per kWh (16.00)
Average: 27.7p per kWh.
Av. Excluding Peak times: 26.7p per kWh
Cheapest 4hrs: 16.5p per kWh
Peak Time 1600 – 1900: 34.0p per kWh.
The prices are based on national average prices per kWh
Thanks to @energystatsuk for the daily figures
The average Agile price per kWh is 27.7p. (01/02/2023)
Points to consider;
- Octopus Agile is capped at £1 per kWh with a daily standing charge of around 47.52p. It could rise very sharply as demand increases in the winter.
- Octopus Go is 42.17p per kWh with an off-peak rate of 12p per kWh. (depending on your geographical location)
- The intelligent tariff gives 6 hours off-peak at 10p per kWh
- You need an EV to be on Octopus Go or Intelligent tariff.
- You may get less for exporting your excess solar on either of the EV tariffs.
The Agile price should go up and down in price but it could get stuck at around the £1 per kWh peak price. It is a gamble on the amount of wind and demand on the national grid but prices have recently gone negative. This means customers have been paid to use energy.
The Go or Intelligent tariff should bring your average price per kWh down if you load shift. If you can shift a proportion of your energy use off-peak you could beat the flexible tariff! You just need to get into the habit of turning white goods on late at night or invest in a few cheap timers. Lots of washing machines and dishwashers have timers built in. You have just got to use them!
|OCTOPUS GO Tariff||OCTOPUS AGILE Tariff. - August V1.⏰ 01/02/2023|
|42.17p per kWh||Daily Average Price 27.7p per kWh|
|12p per kWh - Off-peak 00.30 to 04.30 🚘||Cheapest 4 hours of energy 16.5p per kWh|
|47.61p per day standing charge.||47.52p per day standing charge.|
Here is a quote for Octopus Go on 1st February 2023. It is a good deal in the current climate for charging off-peak. The Octopus Go tariff is a fixed deal for 12 months. It does not receive a discount under the Energy Price Guarantee.
To find the most up-to-date Octopus Go rates in your area use this link. (If you decide to sign up come out of the quote and use the referral link. Otherwise you’ll miss out on the £50 credit)
If you switch away from Octopus Agile you can’t switch back for 30 days but that’s fair enough!
So the winning Octopus Smart tariff is……
I won’t take away the last 2 minutes of your life without giving you my opinion. 😆 It’s all very personal to your needs but if you want to plug your EV in and forget about it Octopus Go is more likely to be the one for you! However, the intelligent tariff beats this hands down. You just need to have a compatible vehicle or charger. Load shifting can reduce the average price you pay per kWh quite dramatically.
You need to make the most of the 4 or 6 hours of very cheap energy to get the average price you pay below the EPG. So get the washing machine whizzing and dishwashers running off-peak this will bring down your average price per kWh.
In my opinion, Octopus Agile half-hourly pricing is, without a doubt, the way forward to even out our energy consumption and reduce the massive peaks in use on the national grid. The intelligent tariff also works in the same way but Octopus take control of your EV charging schedule. If you are happy to try this new tariff you will get 6 hours off-peak instead of 4. Smart tariffs have so much to offer if you can be creative with your energy use. This is a good read on half-hourly pricing and net-zero.
Just a final thought, heat pump owners have been crying out for an off-peak smart tariff and Octopus now has one! It’s called the Cosy Octopus tariff and has a double dip of off-peak pricing during the day. You can find out how much you would pay per kWh on the Octopus website under Cosy Octopus. Just scroll down and enter your postcode.
|Octopus Agile Tariff.||Cheapest 4 hours.||Average price kWh||Cheapest price 30 minutes.|
|National Average Price of Energy.||Energy Price||Energy Price.||Energy Price.|
|Average price per kWh over 7 days.|
|Tuesday 31/01/23||21.8p per kWh.||29.1p per kWh.||18.0p per kWh.(03.30)|
|Monday 30/01/23||12.4p per kWh.||27.4p per kWh.||6.8p per kWh (03.30)|
|Sunday 29/01/23||22.6p per kWh.||29.6p per kWh.||17.4p per kWh (22.30)|
|Saturday 28/01/23||27.3p per kWh.||31.0p per kWh.||26.9p per kWh.(03.30)|
|Friday 27/01/23||28.3p per kWh.||32.3p per kWh.||27.6p per kWh.(03.30)|
|Thursday 26/01/23||27.1p per kWh.||31.7p per kWh.||25.1p per kWh.(22.30)|
|Wednesday 01/02/23||16.5p per kWh.||27.7p per kWh.||14.1p per kWh (03.30)|
|Octopus Agile Average unit price over the last 365 days in my area. 29/08/22||Per kWh.|
|Average price including peak times.||37.07p|
|Average price excluding peak times. (4pm - 7pm)||34.06p|
|Average price during the cheapest 4 hours.||28.58p|
Thanks to @energystatsuk for the daily figures.
If you own a Tesla or an Ohme Charger (or you are thinking of buying this charger) take a look at this beat EV tariff, Octopus Intelligent. It offers 6 hours of off-peak charging.
If you don’t own an EV and are using Octopus Agile as an alternative to a standard Octopus tariff it’s still a great way to focus your mind on shifting your energy. This tariff is fantastic for helping to make the grid greener.
Whenever you discover this post if you are asking yourself Octopus Go versus Octopus Agile remember you are asking yourself this question as you are not sticking to the norm and going with a standard tariff. Standard tariffs at the moment are ridiculously high! Switching to a smart tariff at least gives you the freedom to try and bring your overall energy bill down. You may be trying to be greener or save money or both but it’s all a learning curve and one we have to do to give the planet a better future!!
It’s great to see so many customers on Twitter getting excited again about the Octopus Agile tariff. We have threats of blackouts looming and time of use tariffs most definatly have their place. If you can shift your energy use to when their is less demand on the grid not only will you save money but you can help stabalis the National grid.
Octopus Watch App
You can find some great apps and devices using Octopus Energy API.
I would strongly suggest looking at the Octopus Watch app. Watch refers to keeping an eye on something rather than needing a smartwatch to access it!! 😁
I would say this is one of the most useful apps to consider if you are switching to the Octopus Energy Agile tariff. This app allows you to download up to 3 months of historical data. You can use it to set Agile pricing alerts and interact with Siri. It’s a good app but the fun really starts in the subscription version.
Octopus Watch with Subscription.
(£1.99 + £7.99 per year/£0.99 per month)
This is really if you want to help shift your usage to make energy greener. You can set alerts so you know when the lowest carbon period is. It really depends on how much you want to play around with your energy usage and shift. The predictive reports are great too. If you want to plan and work out which day would be best to charge your car or do your weekly wash then the predictive option helps a lot. Of course, these energy prices are just predicted. However, they have shown to be 90% accurate, which is good enough for me. Here is the smarthound website.