OCTOPUS ENERGY TARIFFS
Octopus Energy tariffs help customers to switch to renewable energy with simple and creative tariffs that help make the future look brighter. As well as ‘traditional’ fixed and variable green tariffs Octopus offers customers smart tariffs that are groundbreaking in the energy market. Octopus Energy is the Silicon Valley of green energy in the UK winning ‘Tech Company of the year’ in the National Technology Awards 2020.
COMPARE OCTOPUS ENERGY TARIFFS
When it comes to Octopus Energy tariffs they are worlds apart from many of the big dominant energy providers. It really is quite freshening even if you haven’t yet considered anything beyond saving money on your energy bill. By going green with Octopus Energy tariffs not only can you save money in the long term and reduce your carbon footprint but you can take control of how you consume energy. It really is a simple way forward for a sustainable future. Saving money and helping the planet has never been so straight-forward.
MY SWITCH TO OCTOPUS ENERGY TARIFF
Before I switch to Octopus Energy I was with British Gas for many years. I paid little attention to my energy bill or my tariff. It was a utility that I had to pay and periodically I would look around for a better deal. Although all the tariffs seemed the same and very confusing. Due to a house move, I decided I had to make a big effort to reduce my bills and more importantly go green. Switching to renewable energy was something I felt I really needed to do.
Solar panels were not an option and I needed to keep costs down. Bulb was recommended to me along with Octopus Energy. I reviewed both and the one thing that caught my eye was the tariffs. Bulb offered just one while Octopus had a variety of tariffs that seemed all too simple to understand. Octopus Energy had great reviews on Trustpilot and I was hooked by the simplicity of their green energy message. So I switched.
MY EXPERIENCE CHOOSING THE RIGHT OCTOPUS TARIFF
One of the first things that happened was that I got an email from their CEO Greg Jackson welcoming me to Octopus Energy. I know it was an automated response to my switch to Octopus but I appreciated the tone and personal approach of the email. He promised great customer service, fair prices, and advice on energy saving. A few months into my contract I needed some technical advice which I couldn’t find online. Sure enough, he responded and helped me out! To say I was impressed was an understatement.
After comparing the Octopus Energy tariffs I opted for the Octopus Energy fixed tariff, Super Green. It promised 100% renewable energy with my gas being offset and I have been delighted. (Octopus Energy does not include meat food or farm waste in their AD process, unlike some other suppliers.)
SHOCKED READING MY ENERGY BILL.
Octopus Energy tells me when I could pay less. Each time I receive my bill via email I also get an update if there is a cheaper Octopus Energy tariff I could be on. They highlight how much I could save on each new tariff. Even if you opt for a 12-month fixed tariff you can still switch to this cheaper deal. You just email back and they do it for you! I have done this a couple of times! I have never had a company tell me I could pay them less before AND there is no catch. No exit fees!! This is a complete winning formula for me! There is no need to keep checking if there are cheaper Octopus Energy tariffs available. They just tell you!
WHAT ARE OCTOPUS ENERGY STANDARD 100% GREEN TARIFFS?
Octopus Energy offers a range of standard green tariffs from a 12 month fixed, to a flexible Octopus tariff or super green tariff. (keep reading for the smart energy tariffs). Switching is really easy and there are no exit fees.
OCTOPUS ENERGY FIXED RATE TARIFF V FLEXIBLE TARIFF EXPLAINED. (simply)
OCTOPUS ENERGY RETHINKING HOW WE USE ENERGY
It is approaching two years since we switched to Octopus Energy and CEO Greg Jackson’s promise to provide advice on energy savings has been surpassed. I am now as you can see quite hooked on renewable energy! I have a young family and we only have one shot at protecting our planet. Switching to renewable energy is the way forward. It has the biggest impact on an individual’s carbon footprint and takes just minutes to do. More importantly, it is accessible to the vast majority of people.
Nearly two years on and I am looking at half-hourly energy prices. I am engaging with my supplier like many new Octopus Energy customers. The tariffs they are offering in 2020/2021 are groundbreaking. That’s not merely my opinion it is a fact! As well as offering fixed or flexible tariffs in 2020/2021 Octopus Energy offers some really clever techie options too. This is where they really start to differ from other energy companies!!
WHAT ARE OCTOPUS ENERGY SMART TARIFFS?
Octopus Energy offers a range of different smart tariffs. The innovative tariffs help customers really take control of their energy consumption. They are quite revolutionary but you will need a smart meter installed. All Octopus Energy household tariffs can be taken out as dual fuel or electricity only plans, but gas only tariffs are not available.
OCTOPUS ENERGY AGILE TARIFF
Shift your energy use outside the 4-7 pm peak to save money.
The 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!
This tariff also lets you take advantage of all your smart devices like Amazon Alexa so you can choose to use home appliances such as your washing machine and dishwasher when energy is cheapest. More importantly, you can use energy when there is less demand on the grid or there is an excess of energy making it far greener.
Is the Octopus Energy Agile tariff right for you?
No one can tell you if the Octopus Agile tariff is right for you. Every home has different energy usage patterns. Some households may find it tricky to shift energy usage away from peak times. You may simply have to prepare meals during these times. However, you may have a variety of appliances that you could use when there is less demand on the national grid to reduce your average price per kWh.
Between 4-8 pm every day (usually nearer 4 pm), the Octopus Energy Agile unit rates are updated for the next 24 hours. These are based on wholesale market rates. There is always lots of chat about how and when to switch to Octopus Energy Agile it’s a little like playing the stock market. Ideally, you want to buy energy when it is at its cheapest BUT what seems to be clear is that customers who switch to the Agile tariff enjoy helping the national grid by shifting their energy use to when there is less demand and also as a bonus save money.
You can opt-out of the Octopus Energy Agile tariff at any time and switch to another Octopus tariff. The switch is usually made within a day or so BUT you can’t switch back to Agile for 30 days. This just makes it fair all around. Octopus has no exit fees on any of its tariffs. You can choose to leave Octopus Energy at any time.
*Tip for an Octopus EV tariff – If you are an EV driver it is well worth considering Octopus Agile tariff. Even though Octopus does have a specific tariff for EV owners, Octopus Go. If you want to play with negative pricing and price plunges to bring your average unit price down even further it can save you even more money on your energy bill. As an example, you may use your oven during peak times BUT if you can charge your car during energy price plunges it will bring your overall average unit cost down. Remember you charge your car for much longer than you use your oven!
OCTOPUS ENERGY EV TARIFF – OCTOPUS GO
Perfect for charging an electric vehicle.
I’m not lucky enough yet to have an electric vehicle but if you do the Octopus EV tariff – Octopus GO is well worth considering. Octopus Go is an electricity tariff with a bonkers cheap 5p / kWh rate for four hours every night (between 12.30 and 4.30 am). It was designed with EV-angelists in mind as charging can be done very cheaply whilst your asleep. This can help keep fuel costs around 1p per mile.
Before opting for the GO tariff I would suggest you weigh up if you could save even more money by getting creative with the Octopus Agile tariff. This takes a little more creativity and organisation in the home but you could save money on your car charing as well as home appliances. You can always switch tariffs eg Agile in the spring, summer, and Autumn, and then Go in the winter when there is very little solar activity. It is really easy to switch between tariffs. It just depends on how much time you want to spend thinking about it to save money.
Tip: Octopus Energy EV customers can get a big discount on the Ohme Car charger which works well with the Octopus smart tariffs. Instead of £400 customers pay currently £199.
UPDATE: Ohme launched a new app on 20/1/2020. Tesla owners no longer need the Ohme cable. Tesla drivers just need the updated app!! All you need is a standard charging cable and the app. This is possible because the Tesla API, which lets your phone communicate with your car, can stop and start the charging. The app simply automates the charging when energy is cheapest/greenest. How cool is that!
For those with solar panels, battery storage, or an electric car.
In March 2019 for some reason, the government pulled the plug on feed tariff designed for solar panel owners. Octopus Energy has introduced a tariff to export excess energy generated from their solar panels to the national grid.
Greg Jackson, CEO of Octopus Energy said: “Outgoing Octopus is designed to make it easy for households to choose to go green – by paying households to adopt solar, we bring locally generated energy to more people and help the UK adopt a cleaner, cheaper energy system.
“At Octopus, we strongly believe in using smart technology to make energy work for our customers and we’re delighted to be the first movers into a promising new market.”
The Octopus Energy outgoing tariff is perfect for any solar, EV, and house battery set up. You can charge your batteries at the cheapest times and discharge energy back to the grid at the most expensive which helps reduce your energy bill.
I see this as the future for energy consumption. By storing electricity we can help reduce the strain on the national grid. Electricity can go into your home from your solar panels, from the grid, or battery storage. As an example, it can run the other way so energy can come out of the car (think of your EV as a spare battery) into your home or back into the grid. So you can run your car from your house and your house from your car. It goes both ways and so many other ways. That’s quite groundbreaking and already a possibility for some Octopus Energy customers!
I am not at this stage yet but I absolutely love the idea and think it’s something I would like to aspire to. This is why I love Octopus Energy they really make me think out of the box!
Thinking of energy as you would the internet.
You can go a stage further and consider mixing things up. You could have an Octopus Energy Agile Outgoing tariff. This is the part that made my husband stop and listen. On Agile Outgoing an example, you could buy your energy when it’s at its cheapest (I would suggest using one of the apps listed on my Octopus agile post), store it, and then discharge it back to the grid when energy prices peak that day. On a good day, if prices go negative you could even get paid to download energy from the grid and then get paid again to upload. Just think of energy as the internet. You can both download and upload to it.
MAKE A CHANGE AND SWITCH TO GREEN ENERGY
If you are on the fence about switching to renewable energy as it all sounds too complicated, it’s not. We have all had to adapt quickly to challenging situations this year. Everyone has had to rethink how they live in a very short space of time. The planet is also in a crisis and needs our help! We can do this and save money quite easily by embracing new technology and ideas. Even if the smart tariffs aren’t for you the standard tariffs are all 100% green and can save you money too.
We all consume energy. It is a utility we would struggle to live without but in order to make our world more sustainable, we need to look to energy companies like Octopus Energy to lead the way in these uncertain times. They are not afraid to reevaluate the energy market and believe that consumers want to make a difference too. That is the whole ethos of Octopus I believe. They don’t seek passive customers they are happy to take on demanding customers who want them to rethink the whole way we can save money and the environment. I am just waiting on a loan of a thermal imaging camera to find where the heat is escaping from my house. Yes, Octopus will loan you one of those too!!
In the past, the business of energy companies has been to make sure customers are not engaged. Energy companies have made most of their money out of unengaged customers. It’s the job of disrupters to come in and drive that engagement. – Greg Jackson, CEO.
My advice would be to make the switch to renewable energy. You can switch, make a massive difference to your carbon footprint and forget about it for another year or you can get involved using tech at home to become even greener. Just go for it and go green!
Posted by Sarah at www.octopusreferral.link
How can I get a free cuddly Octopus from Octopus Energy?
Once you have signed up to Octopus Energy if you want to get your hands on a free cuddly Octopus they will send you one in the post, although it can take a few weeks depending on stock. Her name is Constantine. (I am not joking)
Borrow a free thermal imaging camera from Octopus Energy.
If you would like to borrow a thermal imaging camera to find out where the heat is escaping from your home or workplace you can request one here.
Spin to win.
Also, don’t forget you get a chance to win a cash prize when you enter your meter reading with “spin to win.”
The Green Friday prize draw to win a funky green electric VW Beatle has now ended but keep an eye on their social media for more competitions. (The big competitions usually appear in your Octopus Energy dashboard)
Octopus Energy Refer a friend.
Once you have chosen to switch to Octopus Energy as a new customer using a referral link, you’ll be given £50 credit on your first bill and your own personal referral code to share with friends and families. For every person that switches with your code, you both get £50 credited towards your next bill. It takes just two minutes to switch and your code is effective immediately. (I would be delighted if you use mine to get you started, thank you!)
Octopus Energy Podcast.
Octopus entered the market with a desire to disrupt the status quo with energy that’s good for the planet, good for your wallet, and, honestly, good for your soul. Listen to their journey, vision, and tech discussions on this free podcast series. (I have enjoyed them – but I am a bit of a geek) They really are the Silicon Valley of the energy market.
Do you live in South Wales or East Yorkshire?
Is your postcode either YO43 (Yorkshire) CF81 or NP24 ?(South Wales) If you are in either of these areas you can apply to join the “Octopus Fan Club“. Aptly named as customers living near wind turbines in Caerphilly and Market Weighton can apply to benefit from their windy location. Any electricity you use while your local turbine is spinning automatically gives you a 20% discount. Even better, when the wind picks up and the green electrons really start flowing, you’ll get 50% off every unit you use.
You can find more information here. The project was launched today and is the first of its kind in the UK. (18/1/2021)