Intelligent Octopus Price Increase.

INTELLIGENT OCTOPUS PRICE RISE
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OFF PEAK EV CHARGING

Intelligent Octopus Price Increase.

Yesterday, the Intelligent Octopus tariff increased in price. Octopus Go, which is one of Octopus Energy’s most popular EV tariffs, increased on the 4th January. It was inevitable that the Intelligent tariff would go the same way.

Octopus has held off increasing its EV tariffs for quite some time. The sharp rise in wholesale energy prices in mid-December must have sealed the deal on the price increases.

energy price graphComparing the new Intelligent Octopus tariff.

The off-peak rate which offers 6 hours of charging has now increased from 5p a kWh to 7.5p a kWh. This is still a really attractive rate. It makes home charging so much cheaper than using public EV charging points unless you use a free one. 😀

The rates outside peak times are 30.77p per kWh with a daily standing charger of 24.86p. This is quite a jump in price. The rate is in no way cheap BUT it is still cheaper than the current Octopus 12 month fixed tariff on offer. It is also under the estimated new energy price cap which comes into effect in April. The price cap is expected to rise by 50% in April!

The Loyal Octopus tariff offers existing Octopus customers, who have been with Octopus for more than 8 months, a rate of 27.59p per kWh with a daily standing charge of 24.86p. This is the only cheaper Octopus electricity tariff. The day rate is cheaper by 3.18p BUT you obviously don’t get an off-peak rate. It is the off-peak rate and how much you use it that will drive your average price down overall. So the winner would still be the Intelligent tariff.

Additional cheap hours of charging with the Intelligent tariff.

With the Intelligent Octopus tariff, you get 6 hours of off-peak charging between 11.30 pm and 5.30 am BUT the important point to remember is that you could get more.

The idea behind the intelligent tariff is that it allows Octopus to control when your EV charges. You plug it in when you get home and let Octopus know, via the app,  when you will need your EV next and how much charge you will need. If Octopus decides it can offer cheap green energy before 11.30 pm and your car is plugged in then it will charge at the 7.5p per kWh off-peak rate.

Octopus may stop and start your EV charge but you are guaranteed the off-peak rates on ALL your electricity use at home between 11.30 pm and 5.30 pm PLUS during the times’ Octopus decided to charge your EV outside these periods. So you could get more than 6 hours at 7.5p per kWh.  This is where it gets interesting!

If you don’t plug in your EV every night do you still get the off-peak rates on your home electricity use?

Yes, your off-peak times are 11.30 pm to 5.30 pm at 7.50p per kWh on all of your electricity use, not just EV charging.

Intelligent Octopus price increase – FAQ’s Intelligent Octopus.

You can find further information including up to date prices on the Octopus website.

 

 

 

 

 

Octopus Go Price Increase

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Octopus Go Price Increase.

Every morning I check the Octopus Energy tariff.  I have had a few sharp intakes of air over the last few months as energy prices have risen. The Octopus Go off-peak rate has tariff always remained unchanged. In September the Octopus Go daytime rate increased but the discounted nighttime rate remained the same. It has been 5p per kWh for around 3 years.

Yesterday, however as everyone started to file back to work the inevitable happened. The off-peak rate for the Octopus Go tariff increased from 5p per kWh to 7.5p per kWh. I am not at all shocked. Wholesale prices have increased massively over the last year and I would be naive to think that the Go tariff would remain unchanged. The daytime rate and the standing charge also increased in price but this has happened before.

Today, Tuesday 5th January 2022 the Octopus Go tariff is 7.5p per kWh off-peak with a daytime rate of 30.77p per kWh. The daily standing charging charge is 24.86p.

You can find the up to date Octopus Go tariff prices for your geographical location on the Octopus Energy website.

Is the Octopus Go tariff still worth it?

Yes, I think the off-peak rate is still very attractive for charging an electric vehicle at home. It is a straightforward tariff where you plugin and know that the rate is guaranteed for 12 months. The energy price cap is due to rise in April 2022 and the 7.5p a kWh is miles away from the standard variable rate.

If you own a Tesla or have a Wallbox charger I think the Intelligent Octopus tariff is now looking like the best option. The 5p a kWh off-peak hasn’t risen yet and it is fixed for 6 hours PLUS you may get additional discounted periods if your car is plugged in and scheduled to charge.

Are there cheaper alternatives to the Octopus Go tariff?

EDF have an off-peak tariff which is 4.5p per kWh but their daytime rate is a lot more. There aren’t that many options at the moment, to be honest. The energy crisis has really taken its toll.

Will energy prices fall in 2022?

I really hope so. I have noticed that wholesale energy prices are beginning to fall, however, energy companies are going to want to recoup their losses from the winter months. Energy suppliers have been buying energy for more than they are able to sell it and so even if wholesale prices drop I don’t think it’s going to be that straightforward.

Fingers crossed for 2022. Remember charging your EV at home is still currently cheaper than filling up at the pump and it is better for the planet. That’s one thing that may help put a spring in your step.

octopus energy cashback

 

 

 

 

 

 

Octopus Energy India.

Oc

 

Octopus Energy join forces to help decarbonise India.

Octopus Energy Group and Indian firm, Sterlite Power have signed an agreement to help bring cleaner energy to India and the world.

As an Octopus customer and a mother concerned about the future of the planet, I am delighted to see this agreement being signed. The Memorandum of Understanding (MoU), was signed at COP26 in November.  Both Greg Jackson, CEO of Octopus Energy and Sterlite Power’s Managing Director Pratik Agarwal look equally pleased and I am not at all surprised. It’s a brilliant move for both companies and the planet!

What is the Green Grid Initiative?

The agreement between Octopus and Sterlite Power is the first UK-India energy partnership since the Green Grids announcement at COP26 in November 2021. Both UK and India Prime Ministers signed up to the Green Grid Initiative which aims to create a more inter-connected global grid.

The vision of the Green Grid Initiative is One Sun One World One Grid. Developing global partnerships that will help build, for example, a worldwide green grid through technology, market structures and investment.

Why is a partnership with Sterlite Power such a good idea?

Sterlite Power deals with the transmission of energy in India.  They transmit energy around the country bringing power to homes and businesses. They seem to have a similar mantra to Octopus and have a reputation for shaking up the market. So far Sterlite Power has helped to reduce transmission costs in Indian by up to 40%  but they don’t directly create energy. So it’s easy to see why joining forces with a green energy supplier would benefit both companies. Octopus and Sterlite would have both green energy generation and supply covered. It’s a win, win.

India is currently the third-largest carbon-emitting country in the world. It produces over 2.6 billion tonnes of carbon dioxide a year and without intervention, this may continue to rise. Sterlite Power and Octopus are hoping to create renewable energy and storage facilities in India making energy cheaper and greener. 👏

Will the partnership help drive down costs and make the grid greener in the UK?

Yes, I think it will. Octopus Energy doesn’t shy away from a challenge. They take bold steps and I think this is quite a brilliant move for both the UK and India.  The UK has a limited amount of competition in terms of infrastructure for transmitting energy.  If the partnership can help the UK distribution costs it could not only help both the UK customers pocket but also the planet.

Octopus Energy is now in 13 countries and may soon launch a retail energy business in India. You really cannot question their commitment to decarbonisation!

Well done Octopus. Do you ever sleep or are you beyond sleeping? I think Octopus Energy is on a mission and it is one I am pleased to support! Thank you! 💚🌍

OCTOPUS ENERGY REFERRAL LINK

 

 

 

 

 

 

 

Tesla South Wales and Bristol Group

Tesla south wales and BRISTOL GROUP

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Tesla owners group - south wales an.d bristol

Tesla Owners South Wales and Bristol Christmas meet up.

I just wanted to say a big, thank you, to Dave for inviting me along to the Tesla Owners South Wales and Bristol group Christmas meet. I am buying a Tesla Model Y which I hope to get in the new year and Dave and his wife were the first on the scene at Sarn Services, in South Wales to offer me advice.

It was really nice to meet Tesla owners who are all so very passionate about their electric vehicles and also about the planet. They all had concerns about climate change and it’s very obvious that they feel they are somewhat pioneers in the EV story.

Are Electric Vehicles the new hot thing?

Back in 2019, I wrote a blog post where I wasn’t quite sure if electric vehicles could offer a suitable alternative to a “traditional” car but now without question, I believe they are the way forward and these guys are leading the way!

It seems I am not alone in my newfound passion for electric vehicles. The EV market is booming!! Battery electric vehicles (BEVs) in November 2021 accounted for 21,726 new registrations. This is around an 18.8% market share in November! In October the market share was 15.2%, so the figures are steadily rising.

Should I buy an electric car?

There are so many alternatives to owning a vehicle. I can cycle or walk, and if need be I can use public transport. I own a car so do I need to add to the environmental pressures causing more vehicles to be produced? These are all questions I have asked myself for quite a few months.

Everyone’s needs are different and balancing them with your concerns for the environment when you really want something is quite challenging but I have reached the decision to buy an EV.  My current car, which I bought from new in 2009, is now costing me so much to run. It just keeps breaking down! I could try going without a car but I have 3 kids and live in a semi-rural location so that’s not really an option.

As you can tell I have felt the need to justify my decision. I think that’s the way it’s going to be for so many things as we tackle climate change but I am buying an electric car and it’s going to be a Tesla!

I test drove 4 electric cars. The Tesla was so much fun to drive and I think Elon Musk is a genius. I think he gets quite a lot of negative press for a man who has transformed the automotive industry for the sake of the planet! So my Model Y is on order and I hope to take delivery in early 2022!

Thank you to all the EV owners who have offered advice.

I have met some amazing EV owners. I research EVERYTHING and without fail when I have asked a question I have over received information, which is amazing!! 

Thank you Tesla owners South Wales and Bristol for your warm welcome. Hopefully, in the new year, I will see you all with my model Y. 😀

 

 

Octopus Shop

Octopus shop

 

OCTOPUS SHOP – BEEN THERE WORN THE T-SHIRT

Octopus Energy is spreading some Christmas cheer with their “Shoptopus”. Working with Ranpuni clothing Octopus are offering a selection of T-Shirts and hoodies along with tote bags with the slogan, “Gas Boilers Suck” 🤣

There’s something for all kids, big and small, with a toy Octo van and a Going Green with Constantine book.

Who are Ranpuni and why is the Shoptopus a good idea?

Ranpuni clothing has great eco-credentials. They only use organic cotton and are plastic-free. T-shirts are printed to order in the UK using water-based inks one at a time and in real-time, so there’s no waste from over-stocked designs and sizes. Their products are designed so they can be easily returned for recycling into new clothing. 👏  All the profits from the Shoptopus will be going to two brilliant charities: Renewable World and Papyrus. 💚

Why I have just bought a hoody.

octopus hoodie for saleI opted to buy a Power and Love hoody. I am a big Octopus fan and it will make me giggle when I see the logo staring back at me in the mirror but most importantly I like both of the charities Octopus are supporting.

There’s a lot of information on the Octopus website about Renewable World. If you are on the Octopus Super Green tariff you make a donation to Renewable World each month.

Papyrus is a charity I hadn’t heard of before, that aims to prevent young suicide.  I have spoken to young people a lot about suicide. I was in the national press, at one stage several years ago, because of my work.  It’s a subject people really don’t like to address. It is unimaginable that a young person would commit suicide but they do and we need to talk about it. More importantly, young people need to talk about it!

By buying my hoodie from the Shoptopus I will bring light into my own life and hopefully help someone else smile too. It is a subject very close to my heart. If you can help by buying something from the Shoptopus too that would be wonderful.

Well done Octopus, Happy Christmas!!

Visit the Shoptopus today.

 

 

 

 

 

Ripple Energy Scotland

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ripple energy scotland

RIPPLE ENERGY SCOTLAND.

This week Ripple Energy completed its first wind turbine project in South Wales.  Now I am one of 907 co-op wind farm owners at Graig Fatha. Our wind turbine, near Cardiff, will start generating renewable energy very soon.

When I wrote my Ripple Energy Review several months ago I did wonder if I would look back on my lockdown purchase with some regret. However, wholesale energy prices have skyrocketed and I am delighted that the profits from the wind turbine will start reducing my energy bill very soon. As a bonus, I take great pleasure knowing that our wind turbine will be adding renewable energy to the National Grid helping it turn a lighter shade of green!

The next Ripple Energy project will be in Scotland.

Ripple will open its next project to wannabe co-op wind turbine members at the start of 2022. The new turbine will be in Scotland and is going to be an onshore turbine the same as Graig Fatha. As I understand it there will be an offshore turbine project in Scotland but this is some way off.

You can sign up to express an interest in the new Scottish wind turbine on the Ripple Energy website.

Heat Battery storage.

Ripple has made further Scottish connections by linking up with Sunamp, a company based in Tranent. Sunamp produces super compact and super-insulated storage for heat energy, usable for hot water, space heating or cooling.  Their batteries, quite simply, store heat.

I have been fascinated with the idea of heat storage in batteries since reading about them in the news. The batteries seem to work in a similar way to a hand warmer. The gel, called phase-changing material, inside the battery can heat up at the click of a button. It can then be used to heat water or your home.

 Ripple Energy has signed a memorandum of understanding with Sunamp. I am not sure how the partnership will work but I hope it will help co-op members reduce their reliance on fossil-powered heat systems in the not too distant future.

Ripple Energy Review.

You can read my full Ripple Energy review if you would like further information. I will be buying additional kWh’s of energy when the new Scottish turbine becomes available in the new year and will update this page or do another blog post when that moves forward.

If you decide to join Ripple you can get £25 credit using my Ripple Energy referral. I will get £25 too. So a big thank you if you decide to use my link!

ripple energy referral code.

 

 

Air Source Heat Pumps

What is an air source heat pump?

Air source heat pumps have been around for quite some time but in recent months they have hit the news as more people in the UK look for greener ways to heat their water and keep their homes warm.

An air-source heat pump sits outside your property and works like a fridge but in reverse. Pulling in the air the heat pump converts it to a higher temperature using a compressor.  This compressed warm air is then passed through to your home heating system.  All that is needed is electricity and a water connection for it to work.

As a country, we spend 13.5 billion pounds a year on heating our homes. That’s a massive amount of energy. It’s also a gigantic amount of gas that we are burning every day in the UK.

I have a soft spot for George Clarke and here he explains very simply how air source heat pumps work. Thanks George!

Air source heat pump – Government Grants.

The UK government has set aside 3.5 billion pounds to help UK homeowners make the switch to a heat pump. The grants should be available from April 2022 and will operate on a first-come-first-served basis. The government scheme will partially fund 30,000 heat pumps a year for 3 years.

Octopus Energy has already thrown its hat into the ring to say it will supply and install heat pumps when the grants start to roll in 2022. You can read further information and express an interest in an Octopus heat pump by taking a look at my earlier blog post.

I’ll share further information and news about heat pumps in the UK over the next few months.

 

 

Competition – Win a share of 1 MILLION POUNDS

OCTOPUS ENERYG COMPRETITION

WIN A SHARE OF 1 MILLION POUNDS!!

Octopus this week has launched a competition to encourage its customers to reduce their energy consumption this winter. Lots of us are trying to cut back BUT if you sign up to the Octopus Winter Workout you have the chance to win a share of a staggering 1 million pounds which they are going to give away!!

How does it work?

Customers have to sign up for the Octopus Winter Workout before the 23.59 of the 5th December 2021.

You’ll be given some hints and tips on how to cut your gas use whilst also staying warm at home.  There will be a 12 week period where you have to try and reduce your gas consumption. This competition will start in early December 2021.

YOU DON’T NEED A SMART METER TO TAKE PART IN THE WINTER WORKOUT!

Prizes.

One customer a week will win a staggering £8,000 prize. This will be added as a credit on the winner’s Octopus account.

There will be a  grand prize draw worth £64,000 at the end of the program.

Every customer who takes part will be entered into a prize draw. It is great if you hit your energy reduction targets but you’ll still get an entry regardless of your results. Once you sign off a tip to say you have given it a try you will allocate an extra entry.

Plus: every customer who beats their winter target will win an equal share of the remaining £1000000 prize pool – that’s a massive £840,000 to go around!👏

Get ready to make a difference to both the planet and your pocket! GOOD LUCK!!

HERE IS A LINK TO THE WINTER WORKOUT PAGE ON THE OCTOPUS WEBSITE.

octopus energy cashback