OCTOPUS GO VERSUS AGILE TARIFF

Octopus go v agile

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 on YouTube 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 investing 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, which every 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 tariffOCTOPUS ENERGY AGILE PRICE 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!

The Octopus agile price per kWh of electricity changes every 30 minutes.  The idea is 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.  I have highlighted tomorrow’s prices to give you an example.

National average cost per kWh on the Octopus Agile tariff – Friday 23rd April 2021 

Min: 11.9p (15:00)

Max: 32.30p (18:30)

Average: 16.9p

Av. Excluding Peak times 15.0p

Cheapest 4hrs: 12.5p

Peak Time 1600 – 1900: 29.2p

As you can see the average price is 16.9p per kWh (yesterday it was 16.5) and the standing charge is 21p a day. (22/4/2021) If you compare this to the Octopus Go tariff below its quite obvious Octopus Go would be the winning tariff. However, when you look at prices you have to look at the average for the year.  At the moment Octopus Agile prices are quite high. As I understand it this is in part due to the lack of wind.

octopus go prices

On Twitter, there is quite some debate around sticking with Octopus Agile or moving over to Octopus Go. Quite a few are moving to go BUT and this is a big BUT they will be back!! This is the great thing about Octopus Energy’s smart tariffs. You can switch between the two. If you switch away from Agile you can’t switch back for 30 days but that’s fair enough! You can chop at changes tariffs though as the weather or personal circumstances or needs change.

So the winning Octopus Smart tariff is……

OCTOPUS ENERGY RENEWABLEI 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! If you want to play around with half-hourly energy prices and use energy when there’s less demand on the grid you are defo on Team Agile BUT at the moment (22/4/2021 ) Octopus Go is far cheaper for charging an EV if that’s your current need!! That’s not to say that you should disregard Octopus Agile! Not at all. Half-hourly pricing is, without doubt, the way forward to even out our energy consumption and reduce the massive peaks in use on the national grid. This is a good read on half-hourly pricing and net-zero.

So whenever you discover this post if you are asking yourself go versus agile remember you are asking yourself this question as your not sticking to the norm and going with a standard tariff. 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!! My advice would be to just go for it as it’s easy to swap between the two and Octopus Energy has given me amazing customer service over the last two years!!

You can read my full review on the Octopus Agile tariff HERE and the Octopus Go and Go Faster tariffs HERE. 💕

Octopus Watch App

I would strongly suggest looking at the Octopus Watch app. Watch refers to keep 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 energy agile data One of the features I particularly like is on the rates page. You can see the current rate per kWh hour and the rates right through to 11 pm the next day. The table is easy on the eye and using traffic light colours. to indicate, low, medium, and high rates. You can also use a slider to find the cheapest time to use an appliance. As an example, push the slider across to 2 hours, and the app will display the cheapest time to run an appliance for this length of time. Which makes it great for working out when to turn the washing machine on.

(Find this app at google play)

(find this app in the app store here) (find this app on the Amazon store)

Octopus Watch with Subscription.

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 their website.


octopus energy cashback

Octopus go review

 

Energy for the new norm – Octopus Energy.

OCTOPUS ENERGY DASHBAORD

FEELING THE LOVE FOR POWER AT OCTOPUS ENERGY.

Sitting on my sofa feeling a little under the weather has made me really stop and think. I get overly emotional when I’m feeling off sorts but as my robot vacuum cleaner whizzes by I can feel safe in the knowledge that I can quite easily organise my day while sitting at home in my PJs.

octopus energy cashbackOne of my kids has a face-to-face tutorial from her bedroom and I have the slow cooker on ready for the evening meal.  The dishwasher has saved me a job and I can see where my two other kids are thanks to a spot of iPhone tracking. It isn’t stress-free but back in the day being unwell would mean total isolation with just Richard and Judy for company BUT thanks to tech I can do so much just flopped on the sofa!

I have to add that it isn’t always a blessing. Doing simply nothing is sometimes a relief as we are so hooked up to the internet and seem to be accessible everywhere to everyone. Even feeling unwell doesn’t get you totally off the hook but the “new norm” has accelerated this!

How do you power all these new gadgets? Being accessible comes at a cost.   In my house, someone is always looking for a charging cable!! They are like gold dust and they seem to vanish as quickly as they appear. We use Octopus Energy. A conscious decision made a few years back when we discovered the green start-up company that promised 100% renewable energy and customer service like no other.  When we joined they had fewer than 300,000 customers now it stands at over 2 million. That has to be a good thing!!

GREEN ENERGY TARIFFS THAT MAKE YOU THINK

Energy customers now have a variety of suppliers to pick from when opting for renewable energy. There are new ways of using energy during the”new norm” and we should all strive to be greener but has how we consume energy really changed?  We all use energy for the basics, lighting, washing, and cleaning but all the other stuff, the phone charging, the game consoles even the robot vacuum cleaners, and electric cars add so many other demands on our supply. The reason we love Octopus Energy is that they encourage us to think about our energy use and demands. Can we shift when we charge items? Will automating our usage so that we place less demand on the national grid make a difference? Can we help to even out of the spikes in energy demand just by adapting tech that we already have at home? The simple answer is yes we can!  Thanks to the new upcoming dashboard Octopus is rolling out we can also see how these changes will make a positive impact on our C02 footprint  SAVING MONEY IS ALSO A PLUS!

INVESTING IN PEOPLE

The changes to the dashboard came about thanks to their first female internship program called The Ada Lovelace Project. I loved the concept of the project when it launched as it was a great opportunity for young females to access tech jobs.

Cerise, Hayfa, Noshin, and Natalie were the four lucky ladies who were successful applicants for the internship at Octopus Energy.

Cerise had no prior tech experience apart from teaching herself to code during lockdown! This is a demo of her idea.

Hayfa;

I designed a few quick-read summary widgets to show Agile customers how much of their energy use happened during the daily energy peak (when power is most expensive, and also most polluting and carbon-intensive) and how that compared to the average Agile customer, or to the average customer on a standard tariff.

I also created a summary of the cheapest time slots for the week to help Agile customers adjust their consumption accordingly to save money and carbon.

This is going to be extremely popular, Octopus Go v Agile data!!! I love the passion in Noshin’s voice. She explains how it was built and how it will work for customers.

The new dashboard options are already going down well with Octopus customers. Previously you had to use third-party apps to access similar data.

I have three young daughters. They are all constantly plugged into the internet despite my endeavors to reduce their screen time. I love the idea of changing our thought process of how, when, and why we use energy. Having this data easily available will help make positive changes. Well done guys!! You should feel very proud of your achievements!💚

 

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RIPPLE ENERGY REVIEW

RIPPLE ENERGY REVIEW

ripple energy review

RIPPLE ENERGY REVIEW

Ripple Energy enables you to buy part of a wind farm to power your home. It’s quite a straightforward idea. You invest a set amount of money with Ripple Energy to join a wind farm co-operative. Ripple acts as a facilitator setting up the wind farm co-op and deals with everything from the construction to the maintenance of the wind farm. Ripple has everything covered but they don’t own the wind farm. You own the wind farm along with the other co-op members. How exciting is that! The minimum investment is £25 and this can be split over 5 monthly payments. Read my Ripple Energy review and have a think if it’s right for you.

Ripple Energy – The perfect storm. 💨

My Ripple Energy Review.

Last night it was blowing a hooley! It was so windy I couldn’t get to sleep I started watching a webinar on Ripple Energy.  Sarah Merrick the CEO and founder of Ripple Energy was the guest speaker. Sarah quite obviously knows her stuff on renewable energy and has had a varied and quite high profile background career in the wind farm arena. She talked with passion about the progress of Ripples Energy’s first cooperative wind farm in South Wales and how the cooperative owners will benefit from cheaper green energy.  More importantly, she pointed out that by investing you will become apart of quite a historic event as the Graig Fatha wind farm will be the first consumer-owned wind farm in Britain! Now that should cause a ripple in the energy industry I am sure!  👏

I know the area where the Graig Fatha Co-operative wind farm will be very well. It’s a good location high in the South Wales Valleys.  For those who know South Wales at all, it’s near Tonyrefail, which is around 40 minutes drive from Cardiff. An ideal location for the first British consumer-owned wind farm!

I have had many silly lockdown purchases. Most have arrived in an oversized cardboard box. Last night’s purchase of part of a wind farm, thanks to Ripple Energy, is I have to admit one of my better purchases! We need a brighter future!! 💚

ripple energy cashback

Ripple Energy Review – How it works?

Once I had decided to invest in the Graig Fatha wind farm I had passed the point of no return (the one swoosh = 8 hours of energy had me) and the sign-up process was extremely easy.

To create your green energy ownership plan (buy a part of the wind farm in South Wales) you are asked to enter your postcode. From this screen you are asked a few straightforward questions:

  • How do you pay for your electricity?
  • Your current supplier.
  • How much electricity do you use in kWh each year? (you can say don’t know but I got mine very easily from my online energy bill.)
  • Your name and email address.

Ripple Energy then sends you an email that contains the suggested amount of the wind farm you could buy to have 100% of your energy supplied by your own wind farm investment.

Ripple Energy Review – Getting a quote from Ripple Energy.

Once I had completed the initial questions online Ripple Energy sent me a wind farm ownership plan via email. The plan was based on a 100% ratio of my energy consumption to wind farm ownership. Buying this amount of the wind farm would mean that 100% of my energy would come from the Graig Fatha Co-operative wind farm in South Wales.

ripple energy customer Ripple Energy links up with my energy supplier (you have to be with specific suppliers Octopus Energy is one of them) and my supplier, Octopus Energy buys that energy and discounts my energy bill depending on how much energy my portion of the wind turbine has produced that month.  (that’s it explained in its simplest form I think 😁)

You can opt to have 100% of your energy from your wind turbine or less, much less. I decided as an initial investment to go with 10% of my energy being supplied by the Graig Fatha Co-operative wind farm. So I logged back into Ripple Energy and used the requoted on that basis.

You can select any amount of investment the minimum is £25 but you cannot exceed 110% of your annual energy use.

How much does it cost to buy part ownership of the Graig Fatha Co-operative wind farm?

I opted for 10% of my yearly energy consumption and here’s the breakdown.

Through Ripple Energy, I bought into the Graig Fatha Co-operative. I based my investment on 10% of my home energy being supplied by the wind turbine co-operative over 25 years.

I now own 186.666 Watts. The expected output of 499 kWh equates to 10% of my energy usage. The cost was £323.37. I paid it in one go but you can spread it out over 5 monthly payments.

With this investment I could save:
  • £22.93 per year on my yearly electricity bill. (I know it’s low but I find the green energy angle attractive)
  • £570 over the 25 year lifetime of the wind farm.
  • 129 kg of CO2 each year. That’s the equivalent of planting 46 trees a year. 💚

While there is still availability at the Graig Fatha Co-operative I can add more of an investment or I can wait for another project in the future and buy a share in that too. So I could own more co-operative memberships in different geographical locations of the UK.

Does investing in a Ripple Energy co-operative save you money?

ripple energy reviewThis is a yes and no answer! Yes, you will save money on your energy bill, and you should get your investment back over the course of the 25 years through discounted energy bills BUT you will not get your initial investment back in a lump sum. This isn’t a money-making scheme!  I would say that with electricity prices rising being able to own part of a green energy scheme and owning your own wind farm is quite a good idea. This won’t make you rich though! You’re doing it for the green incentive.

If you don’t make lots of money why would you invest in a wind farm with Ripple Energy?

For me, it all comes down to wanting to help make a better future for my children. I will reduce my energy bill over the 25-year life span of the wind farm and recoup my investment knowing I have supported renewable energy generation.  There is a risk I won’t recoup my investment BUT there is also a risk that my children and my grandchildren will suffer from the fallout of global warming.

Can I be with Octopus Energy and Ripple Energy?

Yes, Ripple Energy doesn’t supply a tariff. Ripple Energy isn’t a home energy provider. They offer customers the chance to own a wind farm as part of a cooperative that’s it.  They then sell the energy generated to the energy provider. Ripple partners with Octopus Energy and they aim to bring other energy providers onboard.

As a member of the wind farm cooperative, you get a credit applied to your Octopus Energy bill depending on the wind generated by your portion of the wind farm. (Octopus Energy buys the energy from the wind farm and you get it discounted.) It doesn’t matter if you don’t use all the energy generated by your share of the wind farm as each month your portion is simply credited to your Octopus Energy account.

You can be on any Octopus Energy tariff!!

ripple energy code

Why would I want to invest in a wind farm when I am already getting 100% green energy with Octopus Energy?

The simple answer is you don’t have to. You can easily get 100% green energy with Octopus Energy. There’s no joining fee or no exit fee with Octopus and you will be using green energy all day long at home. So why would you invest in a wind farm at all in another question!

Personally, I want to try and do as much as I can within my family budget to reduce my carbon footprint. Octopus ✅ that box but I like the idea and community-owned green initiatives. I am not sure if in my own area we could muster enough people to start a project but online, people can come together from all sorts of geographical locations to form a group with similarly minded people. I suppose that’s why crowdfunding is popular.  In a similar way, I really like this. I can’t wait to see how it develops.  I also love the fact that the entry point is so low. You can invest from £25.

Octopus Energy has a similar scheme but they have funded the turbines. They have two wind turbines that they offer as part of a “fan club” if you live within a designated postcode. You sign up and get a discount when your turbine is spinning BUT Octopus owns the turbines.

Can I sell my ownership in the wind farm?

No, you can’t sell it for a profit. If you want to hand it back to the cooperative and there is a waiting list you can get your portion of the investment back when it is bought by another investor entering the co-op.  Your shares value in the turbine will go down each year. This is because you are accessing the yearly energy saving. So the new investor who buys your part of the turbine will benefit from the same price to saving ratio. So they will pay, for example, half the amount you paid if there are 12.5 years remaining. They will then get the same energy savings for the remaining 12.5 years.

What happens after 25 years?

At the end of the 25 years, the investment ends BUT a few years prior the cooperative (which means the investors) can decide how they wish to proceed.  The cooperative will have a board made up of its members and they will decide if to maintain, dismantle or replace the turbine and how that should be paid for.  Ripple Energy can help once again facilitate this or maybe the cooperative decided to appoint a new company to help them run the wind farm! It’s important to remember that the cooperative owns the turbine, not Ripple.

This is a quote from CEO Sarah Merrick.

We expect the turbine’s operating life to be 25 years. During years 20-25 all of the members’ bill savings would be the benefit of trading with the co-op rather than repayment of share capital.

If the turbine operates for a further 15 years, great. The co-op members get a further 15 years of low-cost electricity. They still own the turbine, even after the share capital has been repaid so still get the same electricity bill savings.

It’s also really important to understand that Ripple and the wind farm co-operative is not an investment vehicle. It is a way for people to own large-scale renewable energy assets and benefit from the low-cost, green electricity it produces.

Is community-owned energy the answer?

We have to at least try to move away from centralised brown energy like fossil fuels to more greener locally produced energy and Ripple Energy can help us with that.

I really like the CEO of Ripple Energy Sarah Merrick.

I have never met Sarah but I have followed her on Twitter for a while and after watching her Youtube live last night I can happily say she definitely has her head screwed on. Wind turbines are the way to go. In the winter when there is more demand for energy is it usually windy and so can help meet demand. I think it outperforms solar in that respect as in the UK we get more sunshine in the summer when there is in fact less demand for energy on the national grid.

Sarah Merrick had the vision to create a company that could facilitate customers in creating renewable energy Cooperatives and I think it’s one well worth investing in! I love people power!!!!  We all have to try and make a difference and this is a great way to do so.  Thanks for following your dreams, Sarah. Fingers crossed for a launch party!

PROSCONS
💚 You are investing in renewable energy.❌ You invest upfront and the investment depreciates each year. (You recover your investment through savings on your energy bill.)
💚 Reduction on your energy bill.❌ You won't get rich investing.
💚 You know where your energy comes from.
✅ Simple to set up.
✅ Your energy savings will move with when you move home.
🌍 Invest and make a difference to the planet.
✅You can get involved (if you want) and join the co-op wind farm board.
✅ You can invest as little as £25 and spread this over 5 payments. So it's accessible.
✅ You can pass on your recommendation and get £25 energy credit when your friend invests more than £250.

I can’t wait for the Graig Fatha wind farm to start spinning in the autumn. That’s one really great lockdown purchase I’ve made!

If you would like to invest in the Graig Fatha Co-operative you can use my friend’s link. By using my Ripple Energy referral link Ripple will give you £25 credit to your bill when the wind farm starts operating. I will also get £25 credit on my bill as a thank you. (so if you use it that would be really great, thank you!) You can start sharing your code amongst friends once you have joined.  

ripple energy review

I had no idea Ripple Energy did a referral reward before I joined, so I missed out on the £25 reward. I am really pleased that they do as it’s a great way of rewarding customers instead of paying advertising fees! Rewarding customers is always a bonus in my book. Ripple energy friends referral link. Ripple Energy – Minimum investment £250 for the £25 credit to be applied.

octopus cashback

Now let’s get down to business with FREE STUFF.

How can I get a free cuddly Octopus from Octopus Energy?

octopus energy cashbackOnce 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.” 

Competitions.

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)

Virtual Pub Quiz.

 

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)

SWITCH TO OCTOPUS ENERGY

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ELECTRICITY THAT MAKES YOU SMILE.

Octopus EV tariff

Octopus EV tariff

Fully Charged Show – Generating Positive Energy

This week we are lockdown due to Covid restrictions. Home educating, whilst remote working from home is fun BUT we are trying to find new ways to inspire the kids. We stumbled across this great video from The Fully Charged Show on Youtube. I must admit it got me quite emotional!

The future isn’t as clear cut as we had envisaged in early 2000.  It’s all a little less certain. I have always worried about the planet. I try to play my part but is it enough?  Watching this video has given me hope! I think the pandemic has fast-forwarded lots of ideas on remote working, the use of technology in commerce also how as individuals we think about consuming energy.

After watching a few more of these great little videos we have decided that we would all like to go to the Fully Charged Live event in June 2021. We have considerably changed our perception and use of energy since switching to Octopus Energy. We are far more engaged and concerned about where our energy comes from. I think this event will be a great learning experience for all of us! It’s the kid’s future too so they quite rightly should come along.  Fingers crossed for mid-June 2021!! Good luck Fully Charged Show, power, and good luck to you all.

Project 1 – Design a poster on the benefits of owning an Electric Vehicle.

octopus evTrying to make every learning opportunity matter I tasked my daughter with producing a poster.

  • Why do we need an electric car?
  • What are the benefits of an electric car?

We went through all the benefits after doing some online research she was let loose on mummy’s laptop.

It wasn’t quite the answer I thought she would come up but I think if we can reduce the pollution going to grandma’s at least there would be SOME health benefits.:-0

It’s a fantastic time to get kids to think about how we use energy whilst everyone is stuck at home.  Good effort little one! 10/10 

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OCTOPUS ENERGY REFERRAL LINK

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WHY SWITCH TO OCTOPUS ENERGY & GO GREEN IN 2021?

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OCTOPUS ENERGY CASH BACK

Look after nature and look after each other.

At the start of the first lockdown, I was quietly convinced that life, as we know it, would change beyond all expectations.  I didn’t bulk buy toilet rolls or raid supermarket shelves instead I bought every solar gadget you could imagine just in case the national grid went down. I think maybe my love of post-apocalyptic fiction took hold and I went way beyond what was necessary.

SWITCH TO OCTOPUS ENERGYI didn’t stop at just buying items for myself. I sent my mother who is in her late 60’s a solar charger for her phone, a backup solar battery pack, a solar radio, solar lanterns, and a camping stove. All accompanied by several voice messages on how she had to get ready and charge them all NOW. The reality is she struggles to operate the tv control at the best of times and maybe planning for the end of days courtesy of amazon prime was a step too far.

Thankfully it didn’t take me too long to realise that my prep was a slight overreaction. Despite restrictions, we plodded on with energy flowing to our homes as before.

Try not to panic

octopus switchReflecting on the first lockdown nature came out on top. We saw animals and birds simply flourishing as never before.

We are now back in our third national lockdown. Our three young children are all at home trying to get to grips with their online homework and I am starting to get that daja vu feeling that I need to prepare. (I just have that mindset where I need to plan for the future.)  I know the national grid isn’t going to collapse. I know we have a vaccine on its way and that we just have to hang on but I have started to overthink.

My panic buying of solar chargers still makes my husband laugh.   In retrospect they weren’t needed however,  my friend had a wonderful camping weekend with my surplus supply of solar lanterns and camping stoves and my mum still hasn’t quite worked out

benefits green octopus energyhow to charge her phone in the car let alone via the sun. The issue I now have is that maybe my instinct to grab solar gadgets as a lifeline wasn’t far off the mark.

Nature and green energy

Nature blossomed in 2020. I recently read Back to Nature: How to Love Life – and Save it by Christ Packham and his daughter Megan McCubbin.  Nature did very well thanks to people being locked away. Now locked away again for the third time and working at home I take comfort from the fact I can heat and power my home using green energy thanks to Octopus Energy. I haven’t YET got solar panels but they are on my list along with an electric car.  It’s ambitious compared to my Amazon lockdown purchase of a solar radio but I do think it has to be the way to go.

As a family, we can do our bit. I don’t eat meat. We compost our food and I am planning some homegrown vegetables for the summer.  I cycle when I can instead of using the car and do weekly beach cleans. We are signed to green energy with Octopus Energy and we trust them to make sure any energy we use is replaced with renewable energy into the national grid.

 

should i switch to octopus energy

Octopus Energy fills me with hope for the future.  A bold statement about a utility company I accept but if the first lockdown taught us anything it is that nature carries on regardless.  The sun will keep shining, the wind will keep blowing and the world will keep spinning. We are hooked on tech. My kids are quietly getting on with schooling right now thanks to it. We have all adapted in order to protect ourselves and now we must do the same to protect the planet!!

Octopus Energy – Go Green.

Octopus Energy loves tech!! They encompass the term digital disrupters. They use technology to reimagine how we produce and consume energy. They want to enable customers to change their usage habits overtime to make the national grid greener and more efficient. As a customer, I feel like I am flying on their coattails. I hope in my own small way I am enabling them to move forward and invest in even more ideas and projects. We have shown we known how to adapt to try and protect each other now we need urgently to do the same for the planet.

Keep safe – Sarah x

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How can I get a free cuddly Octopus from Octopus Energy?

octopus energy cashbackOnce 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 Octopus Energy will send you one in the post. You can find out where the heat is escaping from your home or workplace.  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.” 

Competitions.

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)

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!)

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OCTOPUS ENERGY SWITCH:SMETS 2 NEWS

OCTOPUS ENERGY SMART METER INSTALLATION

Octopus Energy: Smart Meter SMETS2smart meter installation

According to a tweet by Octopus Energy’s CEO Greg Jackson SMETS2 meters have arrived 

@g_j (March 2019)

What’s that – a crate of SMETS2 meters destined for @octopus_energy customers?! (in the South – North not quite ready yet, and it’ll take a couple of weeks to get in swing – but great to see them!) Thanks to Landis & Gyr for pulling out the stops…

The CEO, in his March tweet, goes onto say that testing is still ongoing but they will be starting to roll out in several weeks. Customers quickly replied asking if the SMETS1 meters would be upgraded too. It seems that an upgrade will not be needed once updates have been made to the system as there will be little difference between the two.

For all of those waiting for Octopus Energy smart meter installation, I am sure they will be delighted to take advantage of Octopus’ more techie tariffs such as Octopus Go, (which is intended for electric vehicle owners) and Octopus Agile (which tracks electricity prices) a smart meter is needed.  You don’t, however, need a smart meter to switch to Octopus Energy. I am currently on the Super Green tariff and don’t have a smart meter. I will only need one if I switch to the Agile.

octopus cashback

If you’re thinking of switching to Octopus should you do it without a smart meter?

I would say it is but you should be aware you will have to wait for installation.  The smart meters are free as is installation but they are prioritising installations. So you will get one but the question is when.  I believe their website states they have currently paused installation.

  • If you simply want to go green and get renewable energy you don’t need a smart meter. If you would like one any way you can request one and will be added to a general waiting list.
  • For electric vehicle owners who specifically want Octopus Go (which is a very attractive 5p per kWh during specific periods) while you wait for a smart meter to be installed, you are going to have to wait on a tariff priced higher than Octopus GO. So it depends on the deal you have now.
  • For those who want to switch to the Octopus Agile, it’s a similar story. You need to weigh up what’s best for you in the short term while the installations roll out.

I am on Octopus Energy’s Super Green tariff and am happy to wait for a smart meter. It, however, depends on your reasons for switching.

smart meter installation ukIf you want to switch to Octopus Energy as you have an electric vehicle and really need the smart meter to get the GO or Agile tariffs as I understand it they will prioritise.  Just be aware you may have a delay.  Greg, the CEO is very approachable and responsive on Twitter and email.  If your offered a SMETS1 don’t panic, as I understand it, they will link to the DCC too, the same as the SMET2.

UPDATE BY CEO GREG JACKSON – 5TH MAY 2019

The smart grid will be critical for our society to move to greener energy affordably. Unlike other energy companies who rent systems from third parties, or who have legacy systems which they’ve failed to update, Octopus has engineered a completely new system over the last couple of years which is designed specifically to deliver the smart grid.

So at the moment, Octopus Energy is ahead of the curve. They have the tariffs to bring an even cheaper greener experience to customers with Electric Vehicles.  The meter installations just need to catch up.  Octopus Energy realises that the key is to reward customers for using energy when there is less demand on the national grid.  Spreading the demand makes it greener but the smart meters, which Octopus aren’t fully in control of, are holding them back a little.OCTOPUS ENERGY SMART METER INSTALLATION

GOVERNMENT HAS CHANGED IT’S STANCE ON SMETS METERS.

The government has now agreed that the SMETS1 meters can be updated so they can use the same system, called the DCC, which enables your smart meter to stay smart if you switch to another supplier. (SMETS is an acronym for Smart Metering Equipment Technical Specifications) Previously only SMETS2 meters could be connected.

Who are the DCC?

The DCC (Data Communications Company) is an independent platform that shares data.  It centralises your smart metering communications by sending and receiving information from your smart meter to your energy supplier, energy network operators and energy service companies. It is regulated by Ofgem and is paid for by consumers through the energy industry. All energy companies in the UK have to link their new smart meters to this network. The government wants all households to be connected by the end of 2020.  This will allow customers to switch energy suppliers while retaining their smart meters.  The key to this is the DCC, the energy companies don’t own the DCC network they simply link to it. If you choose a new supplier you switch and your smart meter just stays connected through the same system, the DCC. 

Do I need a SMETS1 or SMETS2 smart meter?

So without getting too technical if you are offered a SMETS1 it will work just fine too.  It can now be linked to the DCC just like the SMETS2 smart meters. The SMETS2 is still taking much longer to get out due to technical issues linking the meters with the network and I believe Octopus has paused installing them for now until this is resolved.  (If you’d like a full explanation please read Greg’s blog post)

A big thanks to CEO, Greg Jackson for the tweets and the latest blog post which as always aims to keep all customers fully informed. I

UPDATE 4TH OCTOBER 2019

SMETS2 is rolling out but there is still a delay.  This is across all providers as far as I can tell in my area.   Greg as always is very active on Twitter keeping customers up to speed.

Posted by Sarah at www.octopusreferral.link

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ARE OCTOPUS ENERGY ANY GOOD? YES AND THIS IS WHY!

switch to green energy

OCTOPUS ENERGY CASH BACK

ARE OCTOPUS ENERGY ANY GOOD?

My customer review = Yes, yes, yes, yes, and yes!

octopus energy cashbackApart from being the Which? highest-ranking energy supplier for 2020, providing 100% green energy and embracing technology Octopus energy do not treat customers like fools.  Octopus energy encourages those who love tech to reimagine and engage with them in order to make their energy supply even greener.  They provide support online via social media links (which I love) and keep customers fully informed of developments within their company. As if that’s not enough they are also, in my opinion, a highly ethical company and an inspiration for a greener future!

We are in a global pandemic and how companies treat their staff speaks volumes! I have seen both the good and bad over the last few weeks and was delighted to read Octopus Energy’s latest blog on their Covid-19 challenges.

HOW HAS OCTOPUS ENERGY ADAPTED DURING COVID-19 PANDEMIC?

OCTOPUS ENERGY STAFF

Since Monday 23rd March, the Octopus office-based team has moved entirely to working from home.

Octopus has established OctoKids and OctoTV to help parents balance work with looking after their kids. Some teams have set up buddy systems, making sure no one working from home ever feels isolated or lonely.

Octopus Energy maintains full pay for everyone we employ directly. Where people can’t work, we may use the government’s furlough scheme and top salaries up to 100%.

Octopus gives employees access to company resources (like vans and computers) so they can assist in NHS and other volunteering programs.

For engineers who need to go to people’s homes, Octopus Energy is providing special training and equipment in the wake of Coronavirus as well. They are expected to upgrade from protective coveralls and face masks to full Hazmat suits as of March 30th where they’re necessary.

OCTOPUS ENERGY CUSTOMERS

octopus eneryOctopus Energy’s phone answer times and email response times have been fairly good. Overall service levels have been about the same as pre-Covid-19 and are expected to keep improving!

Now, this is where it becomes interesting. I was trying to summaries Greg Jackson, the CEO of Octopus Energy’s comments about how he is trying to help customers but I just can’t. I am usually good at skipping through people’s waffle and finding the hidden meaning BUT there isn’t one!! It is an open and honest response just as I have come to expect from their CEO.

Well done on being so upfront and for doing so much! I wouldn’t expect anything less!!! It’s very odd how as a family we feel we know you Mr Jackson!! I couldn’t say that about any other provider for any home service we’ve been with. Stay safe!! This is the reason I stick with you! Stay safe!! 

THIS SECTION IS A DIRECT QUOTE FROM THE BLOG OF CEO GREG JACKON – 30TH MACRH 2020.

How working from home impacts customer bills.

Our data scientists have done some initial analysis using smart meter data and found that a typical household moving from working outside the home to working at home will use around £3-£5 per week more energy at the level of the government’s energy price cap (read the analysis in full here). There are two things to note about that – an Octopus customer pays less than the price cap, and we also expect this £3-5 weekly figure to come down with a reduction in gas usage as we start to hit warmer months.

I am conscious that for everything I write, there will be exceptions – and some very serious ones – but for most households, this extra energy consumption is not likely to be the big driver of hardship. Indeed, for households with the same income as before, the increased energy cost of £3-£5 per week is a lot less than the typical cost of commuting (about £66/month). Of course, in a household where one person has lost their job, and another is working from home, they’ll see a drop in income and higher energy costs – and similarly for people with a commission and other variable earnings. We recognise those differences. Similarly, we also know that for many households lockdown has led to lower outgoings. Everyone’s circumstances are different, but on the whole, drops in income are more instrumental in making it difficult to pay energy bills than the fact that people are using more energy at home.

octopus energySo, what are we doing to help when people have had big drops in income as a result of Covid-19?

First – we signed up for a government charter that outlines the support energy companies are voluntarily giving to customers.

This has been covered by the media “energy companies to waive bills” or similar, but when you read the charter it’s much more nuanced. For example, here’s the section on helping people whose finances have been impacted:

‘Based on individual circumstances, this could include:

– Considering reassessing, reducing, or pausing debt repayment and bill payments for domestic customers in financial distress.

– Considering referring customers who are struggling to pay to third party debt advisers such as StepChange and Citizens Advice.’

This fairly low-level commitment is the current reality not just for Octopus customers, but we believe for customers of other companies as well.

We’d love to do more – and our team and I have been working night and day with other energy companies, EnergyUK (our trade association), Ofgem, and Government departments (BEIS, Treasury) to try to find a solution for people who need it.

I’ve been asked why Octopus aren’t, for example, just giving all customers a blanket payment holiday – or even writing off bills. I heard someone on the radio saying “these energy companies make so much money, why can’t they help?”

I’d like to show respect to customers and all readers by responding to this candidly – even when it could mean my words are misrepresented – but I’d rather be open and clear than opaque and evasive.

Energy companies – at least most – don’t make shedloads of money. Octopus lost £29m last year. Our rivals, Bulb, lost £129m. And here’s Centrica’s share price over the last 5 years:

octopus graph

Of course – there’s a reason for all these. In our case, and perhaps Bulb’s, we’ve been investing in growth – payments to comparison sites, for example, are not cheap. In the case of the incumbents, their inefficiency has made it hard to handle price competition from companies like ours.

But underlying it is a fact of the modern energy market: margins are wafer-thin. The CMA (government authority) reckons energy companies should make 1.25% margin. We’re very efficient and target 3% – and expected to hit something like that next year. This year was roughly breakeven at what’s called the EBITDA level. I can’t speak for other companies – but this is the way energy should be – super low margins meaning that customers get better value. That’s exactly what we’ve been fighting for since we were founded – better value for customers.

So as a typical example from the numbers above – If a company makes a 3% margin, then for every customer spending £1000 (roughly the average annual energy bill), it makes £30 profit. If a single customer doesn’t pay, it loses £1000. So a single customer not paying wipes out the earnings from 33 othersSo if just 1 in 33 customers doesn’t pay, the company goes from profit to loss. On the CMA’s 1.25% figure, it’s worse – 1 customer not paying wipes out the earnings from 80 other customers.

At Octopus, we take a long-term view of everything – it’s why we’ve invested in the systems and people to make energy cheaper and greener, rather than focusing on short-term profit.

So we are hugely aware that a time like now is a time to focus on doing the right thing – and I’m very happy to take a financial hit throughout this period to help customers affected by Covid-19.

But from the numbers above, you can see that we can’t take a massive hit. Helping 3% of customers is enough to send a company like ours into losses – and the numbers in energy are huge.

Our estimates are that 10-20% of UK households could see significant drops in income from Covid-19, so let’s take the middle of that – 15%. If we help 15% of customers by waiving their bills, the first 3% wipe out any profit. The next 12% are pure losses. Using Octopus as an example – we have 1.5m customers – so our revenue is about £120m a month. 12% of this is £14m.

So Octopus would be losing £14m a month. If the Covid-19 crisis lasts 3 months, it’d be £42m; 6 months, £84m. That just wouldn’t be sustainable. And of course, the economic impact could hit payments for longer than the immediate health crisis.

And that leaves us in the difficult position that we cannot help everyone we would ideally like to.

Instead, we’ll be working hard to ensure that customers who can afford to pay to keep doing so, and that we do everything we can to help those who’ve been affected on a case by case basis – but we’ll need to be selective and that’s hard. Really hard.

This is why we’re working tirelessly with other energy companies and the government to see if there could be a uniform approach across all companies to provide standardised levels of help – and mean that it’s not down to the lucky dip of which energy company you’re with, but your circumstances, which define the outcome.

And it’s why we ask people to be understanding – we’re working hard to ensure we push our own finances to the max to help everyone with service, and those who need it most financially. And we know that our customers will do the same.

With everyone doing their bit, we can all emerge from this crisis together. We’re just at the beginning and we’ll push in every way we can to try to make things work for everyone.

TIME TO RETHINK HOW WE USE ENERGY!

octopus switchSwitching to renewable energy will have the biggest impact on your carbon footprint.  Recycling and using public transport, as an example,  will also help but by far switching to renewable energy will have the greatest impact. If you are not using green energy please switch today!! It is something you can do in 2 minutes online. We need to act and we have to act now! We can make a difference to our planet. I have created this website to help give my view on Octopus Energy. I hope it will reassure you that switching is the way to go!! We all have to do our bit and whilst in isolation, this is a part of mine.

I hope everyone reading this stays safe. I salute the emergency services. Stay well and share the power of love and kindness by making a difference. Step up and do what you can. I’ll see you at the party hopeful on the other side. We will get through this!

SAVE MONEY WITH OCTOPUS ENERGY

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SELF ISOLATING & THE POWER OF KINDNESS

SHOULD I SWITCH TO OCTOPUS ENERGY

octopus sos

SHOULD I SWITCH TO OCTOPUS ENERGY?

It is day 4 of social distancing. Thankfully no one has any symptoms of the Coronavirus but one of our children is high risk and so we have decided to step back and try to be as cautious as we can.  I am watching the world around us change. It is a very concerning time.

SENDING POWER AND LOVE!

I wanted to write this blog as I am wondering when we get through this just how will people change? Is simply asking people to change their habits still enough? I have watched people fighting for toilet roll and friends on universal credit crying over their lack of ability to buy supplies.  Some I can help.OCTOPUS ENERGY We have bought food for our neighbours, spent time encouraging elderly relatives to stay home, and have been checking on those we know have shown symptoms. I’ve been using my techie skills and free time to set up social networks for my community. I have been bringing key people together in the hope that we can support each other locally.  This dreadful, unprecedented situation is making me realise that as a family we need to try even harder to preserve what we have. We must help others so we all get through it.  I must admit I have been really overthinking things but we need immediate action!!

  • We need to aim for zero food waste at home.
  • Use less energy.
  • Recycle and mend.
  • Keep safe and survive.
  • Help others get through this with us.
  • Live
  • Help others to live.
  • Look after our planet and everyone on it.

ANXIETY OVER THE FUTURE

Having zero control over this virus is causing me anxiety. I am a very organised person. I love to give advice but I am struggling.  Without exception, I research everything and am confident in my views. I am, however, struggling as there is so limited data.  Everything is so new and unknown. A friend advised me to focus on what I can do rather than what I can’t.  I can’t go out. I can’t find a cure for this virus but what I can do is believe that we will get through this.  When we come out the other side it is obvious we need greater control over the future of our planet. It isn’t good enough to think we have time, we don’t. We need to act now! Nature has shown us that it doesn’t wait for a convenient time to strike.  I can type, I can make a noise and I can hopefully convince you to reduce your carbon footprint very easily.

On a positive note, I have seen people adapt on a sixpence. Gin distilleries making hand gel. This isn’t for profit but for social good and necessity. Shops giving away supplies to the needy. Schools moving to online platforms. People working from home. The list goes on! So we can change and change at speed.

WHO SAW THIS COMING?

octopus energy should i switchBill Gates, the founder of Apple, predicted the possibility of a virus causing a global pandemic in 2015. He spoke at length on how we could be prepared. When we get through this, which we will,  we need to listen to people. We need to embrace technology and reduce our carbon footprint and we must all change. Survival is key!

PLEASE MAKE THE SWITCH TO RENEWABLE ENERGY NOW

Switching to renewable energy will have the biggest impact on your carbon footprint.  Recycling and using public transport, as an example,  will also help but by far switching to renewable energy will have the greatest impact. If you are not using green energy please switch today!! It is something you can do in 2 minutes online. We need to act and we have to act now! I have created this website to help give my view on Octopus Energy. I hope it will reassure you that switching is the way to go!! We all have to do our bit and whilst in isolation, this is a part of mine.

I hope everyone reading this stays safe. I salute the emergency services. Stay well and share the power of love and kindness by making a difference. Step up and do what you can. I’ll see you at the party hopeful on the other side. We will get through this!

octopus eNERGY