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Intelligent Octopus Go Tariff
At the click of a button, the Intelligent Octopus Go tariff will charge your EV when energy is at its cheapest and greenest. Plus the six hours of guaranteed super cheap energy every night covers your whole house as well as your EV charging.
The Intelligent Octopus Go tariff gives electric vehicle owners a minimum of 6 hours of super-cheap electricity every night at 7.5p per kWh. In some ways, the Intelligent Octopus Go tariff is a mash-up of both the Octopus Go and Octopus Agile tariffs combined! 🌍 It is a groundbreaking tariff that could help transform the national grid. Could you be a part of it?
Why is the Intelligent Octopus Go so exciting?
The national grid was built and is based on providing us with energy on demand. As the uptake of electric vehicles, air source heat pumps and all things electrical move forward so does our need for more electricity. The Committee on Climate Change (CCC) forecasts that total yearly energy demand will roughly double. To accommodate large items that draw on the National Grid, such as a 7 kWh EV charger, we need to rethink how demand can be balanced.
The Intelligent Octopus Go tariff is a beta tariff that is leading the way. It is more than a time-of-use tariff. It is an intelligent tariff that can use excess energy when it is in abundance. Octopus can turn your EV charger off and on remotely. All you need to do is plug in, select the percentage of charge you need and by when and Octopus will take care of the rest.
You can read more about how the beta tariffs like the Intelligent Octopus Go tariff can help shape the future of energy in the Octopus blog post from 30th August 2022.
How much does the Octopus Energy Intelligent Tariff cost per kWh?
The Intelligent Octopus Go tariff, like Octopus Go, provides an off-peak energy tariff for charging your electric vehicle at night. On Intelligence Octopus Go you will be charged a unit price of 7.5p per kWh for electricity between 11.30 pm and 5.30 am. Outside these times you will have a standard electricity fixed tariff which varies depending on your geographical location within the UK. In my region, this would be 30.52p per kWh.(From 1st July 2023) It’s now a variable tariff.
Like Octopus Go, Intelligent Octopus Go is a fixed rate energy tariff with a discount period but instead of having 4 discount hours the new Octopus electric vehicle tariff, that is Intelligent Octopus offers 6 hours of off-peak charging.
So just to be clear (because it does confuse) the 6 hours of core off-peak electricity is available between 11.30 pm and 5.30 am 365 days of the year on the intelligent tariff. This does NOT change and the whole house gets the discounted rate.
It doesn’t stop there!! By linking your electric vehicle or your EV charger to the Intelligence Octopus Go app you could get even more hours discounted at the off-peak rate.
The Intelligent Octopus Go app works out when energy is at the cheapest and greenest and if that’s outside your off-peak window it will ask your car to charge then BUT only charge you 7.5p per kWh! You will also retain your 6 off-peak hours so you can use appliances such as the dishwasher or washing machine at 7.5p per kWh too. How cool is that?!
What’s the catch – 6 hours plus of electricity at 7.5p per kWh for charging your electric vehicle?🙋♀️
Well, there is a catch with the Intelligent Octopus Go tariff. You will have to tick all the boxes to get on this new beta tariff. You will need either a compatible EV OR a compatible EV charger plus any device that can run the Octopus iOS or Andriod app. The list of compatible EVs and chargers is expected to expand throughout 2023.
The last 2 years have been crazy for energy prices. Prices are still much higher than before the crisis but on the 1st of July, lots of customers will see their rates drop. Seeing the date rate on the Octopus EV tariffs almost touching 30p per kWh in South Wales is most welcomed. I hustle and load shift lots of my appliances to the off-peak rate but you can’t avoid using electricity in the day unless, of course, you have solar or battery storage.
Now is a great time to switch to Octopus if you have a smart meter and want to sign up for one of the Octopus smart tariffs like Octopus Go or Intelligent Octopus Go. Where else will you get 7.5p a kWh? As a new customer, you can’t sign up for a smart tariff on the Octopus website. You’ll have to switch to an interim tariff first, which is the Octopus Flexible tariff.
Existing Octopus Energy customers can also switch to the Intelligent Go tariff via the Octopus IOS or Andriod app. This is the method I used to switch to the Intelligent tariff. I found it easier as you can complete the test charge within the signup process within the app.
Has the Intelligent Octopus decreased in price over the last 12 months?
On the 21st of April 2023, Octopus reduced the off-peak rate from 10p per kWh to 7.5p per kWh. On the 1st of July 2023, the day rate went down from 40.10p per kWh to 30.53p per kWh. We are yet to see if the day rate will reduce further now the Energy Price Cap has been reduced by around 7% from the 1st of October 2023.
How does Intelligent Octopus Go work?
Octopus Energy will connect to your car or charging equipment through the Octopus app. After completing the initial set up it’s all relatively straightforward.
- Plug your EV in and tell the app when you need your EV next and the percentage of charge you require.
- If you are all set to charge before 5 pm Octopus will tell you your charge schedule around 5 pm. This will appear in the Octopus app.
- If you plug in after 5 pm a schedule will be created at this time.
The great thing about this tariff is that if Octopus decides to schedule your charge before the 11.30 pm off-peak time you will get these time slots at the off-peak rate of 7.5p per kWh too. The same rate is also applied to any other electricity used within the home during these times!👏
While your EV is plugged in Octopus will make sure you charge when electricity is at its cheapest, and greenest on the national grid.
You can bump start charging from the app if you need to charge during the day. (This will be at the standard electricity price rather than off-peak)
You will need;
- A smart meter we can connect to (either a SMETS2 or Secure SMETS1)
- A compatible EV or EV charger.
- Any iOS or Android device. (You need the Octopus app)
What are the benefits of the Intelligent Octopus tariff?
- Reduce your overall energy bill. It is anticipated that you could around £100 compared to Octopus Go.
- Decrease your environmental impact.
- Make your home energy work smarter for you and the planet.🌍
During the 6 hours off-peak period not only can you get your washing machine or dishwasher on at a reduced rate but you can set your car to charge when it is going to use the least CO2 even if that is outside your 6-hour off-peak window! Plus you won’t pay any more than 7.5p per kWh!! Beep, beep!!!! 🚘🌍💚
@sarah_go_green Consider an #evtariff for #evcharging if you own an #ev #eletricvehicle in the #ukev #energybills #electricty @Octopus Energy #evtok ♬ Little Things – Tiqta
Here’s a quote from 3rd December 2023. You can check the most up-to-date rates for the Intelligent Octopus tariff on the Octopus website. Prices may vary slightly in different geographical locations.
Compare Intelligent Octopus Go. Tariff From 01/10/2023 | |
---|---|
Electricity per kWh | 30.52p |
Discount 6 hours 23.30 to 05.30 🚘 | 7.5p 👀 |
Standing charge per day | 52.18p |
Does the electricity discounted rate end after my electric car is charged?
No, you get the full 6 hours of off-peak electricity at 7.5p per kWh every night regardless if you schedule a charge or not!
Can I still switch to the Octopus Intelligent Go Tariff if I have two electric vehicles?
Yes, you can still switch to the Octopus Intelligent Go tariff if you have two electric vehicles BUT you only charge one using smart charging. The other you simply charge during the off-peak window which is 11.30 pm to 5.30 am the same as you would do, as an example, on Octopus Go.
You’re welcome to charge 2 cars at the same time on Intelligent Octopus too, but we’ll only be able to smart charge one of them, and so the other would need to be manually set up to charge during the off peak hours. We’re a DM away if we can help. 🐙⚡https://t.co/mdLjkMMxIf
— Octopus Energy (@OctopusEnergy) January 10, 2023
Do I need to get all my family to switch their energy use to benefit from Octopus Intelligent Go?
In a recent survey by Ofgem, most electric vehicle owners stated that they hadn’t made any changes to how they use their electricity at home. The assumption seemed to be that to fully benefit from the switch to an intelligent tariff the whole household needs to modify their energy use. 🤯 With Octopus Intelligent Go this isn’t the case! Even if your kids don’t act that intelligently sometimes 😂
From 1st October 2023
Octopus Flexible Tariff -Eco7 average price (Electricity) 01/10/2023 to 31/12/2023 Intelligent Octopus Go Tariff. (Electricity)
34.59p per kWh 30.52p per kWh (05.30 - 00.30)
14.94p per kWh off-peak Eco 7. 7.5p per kWh off-peak. (23.30 - 05.30)
52.28p per day Standing Charge 52.18p per day Standing charge.
🌟🎉🥁🚘 #winner
The numbers speak for themselves. The Octopus Intelligent Go tariff with its 7.5p slot is just unbeatable! 🎄🤶🏻
What if I want to plug in my car and just get it charged as quickly as possible?
Octopus has this under control too. You can schedule a Bump Charge through the Intelligent Octopus Go app, which will start the car charging immediately. For this, you will be charged the unit rate at the time. If it’s during your off-peak window you will be charged 7.5p kWh for Bump Charging or your local day unit rate outside of these hours.
Is there an Octopus Intelligent Gas Tariff?
No, the Octopus Intelligent Go tariff is simply for your electricity but you can pick a standard Octopus gas Tariff to sit alongside your Intelligent electricity tariff. The Octopus flexible tariff is capped by the Energy Price Guarantee and so would be an ideal interim tariff.
How do you switch to Octopus Intelligent Tariff?
As a new customer, you’ll simply have to switch to Octopus Energy and select an interim tariff before making your switch to Octopus Intelligence. As a new customer, you have to sign up for a nonsmart tariff when you switch. It’s then a case of moving from your interim tariff to your chosen smart tariff, such as Intelligent Octopus.
- Switch to Octopus Energy. (This usually takes around 17 days)
- Octopus must be satisfied that they are receiving half-hourly readings from your smart meter. (This usually happens within 14 days but could take longer.
- You can then switch to Intelligent Octopus once you have confirmed all your equipment is compatible. (This is a new beta tariff so it may be a little more tweaking)
- You’ll need to download the Octopus IOS or Andriod app and register your EV or EV charger.
You can check on your Octopus Energy dashboard to see if half-hourly readings are being received.
If you haven’t got a smart meter it’s a case of switching, requesting a smart meter, and waiting for an installation date to become available in your area. You’ll need a Secure SMETS1 (Secure is a brand name and it’s written on the front of the meter) or a SMETS2 smart meter to switch to any of the Octopus smart tariffs
Get a quote and find more information on signing up for Octopus Intelligent HERE.
How can I tell if I have a SMETS2 smart meter already?
Look out for ‘GUID’ or a Device ID which looks like this: AA-BB-CC-DD-EE-FF-00-GG-ZZ on the front of the meter. If you can see a number like this it is a good indication you have a SMETS2 meter
Take your first step towards cheaper EV charging.↓🚘🥳
Ready to make the switch? Simply pick your interim tariff and contact Octopus Energy to get your smart meter installed or checked. Following half-hourly meter readings, you will be ready to switch to Intelligent Octopus Go.
All traditional and smart tariffs are available to new customers. Yes, you can switch to Octopus Energy using the link below. For any smart / tracker tariffs, you will have to sign up for the Octopus Flexible tariff first and then when the switch is complete ask to be moved to the smart or tracker tariff. It can sometimes take a little time as Octopus needs to make sure they are receiving readings from your smart meter.
The prices below are correct as of 3rd December 2023. Quotes will vary depending on where you live in the country.