Octopus Go v Octopus Agile.
Octopus Go versus Octopus Agile is one of the most popular topics linked to Octopus Energy smart tariffs. You’ll need a smart meter to access both of these Octopus Energy tariffs but once you’re ready to go and leave your interim tariff the big question is Octopus Go or Octopus Agile?
What’s right for you – Octopus Go v Octopus Agile.
No one can tell you which Octopus smart tariff is right for you. So many influencers seem to hold the answer but they aren’t you and they don’t know how and when you consume energy and your personal preference to 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, whichever Octopus tariff you choose you’re making a greener choice that is right for you at this moment in time.
Here’s some information that may help you make up your mind on your Octopus Energy smart tariff.
The Octopus Energy Agile tariff allows you to use energy when consumption is low bringing down prices to a minimum, sometimes even free. Shift your energy use outside the 4-7 pm peak to save money and use cleaner, greener energy when there is less demand on the grid. Plus “plunge” pricing when wholesale prices go negative could even pay you to use energy!
Summer is always a good time for Octopus Agile BUT on the 22nd July, 2022 Octopus increased the cap on the Octopus Agile tariff from 35p per kWh to 55p per kWh. It increased again on 29th August 2022 to a whopping 78p per kWh.
Octopus Go offers a very attractive 4 hours of electricity at 7.5p per kWh between 00.30 and 04.30hrs. You can keep the running costs of your EV down but you can also schedule large home appliances to run during these times, such as your washing machine and dishwasher. When the peak unit price on Octopus Go is 40.04p per kWh this will make a considerable saving on your energy bill!
I average between 17p and 19p a kWh. I use around 55% of my home energy off-peak even though I am home all day. My mileage isn’t massive but I load shift lots in the evening. My peak rate is slightly lower. I am on a fixed rate of 7.5p per kWh off-peak and 40.04p per kWh at peak. I am on the Intelligent tariff.
How much does Octopus Agile cost?
The Octopus agile price per kWh of electricity changes every 30 minutes. The idea is that you shift your energy usage to a time when there is less demand on the national grid. The prices are displayed the day before on the Octopus Energy website. You can find out more information about the Agile tariff on the Octopus website.
Octopus Agile is usually much more expensive than Go between 4 pm to 7 pm peak period but cheaper than Go from 04:30 am to 4 pm.
Octopus Agile tariff price on Monday 3rd October 2022
Min: 28.0p per kWh (22.30)
Max: 59.6p per kWh (07.30)
Average: 38.3p per kWh.
Av. Excluding Peak times: 36.9p per kWh
Cheapest 4hrs: 33.2p per kWh
Peak Time 1600 – 1900: 47.4p per kWh.
prices are based on national average prices per kWh.
Thanks to @energystatsuk for the daily figures.
The average Agile price per kWh is 38.3p. (03/10/2022)
Points to consider;
- Octopus Agile is capped at 78p per kWh with a daily standing charge of around 47.88p.
- Octopus Go is 40.04p per kWh with a daily standing charge of almost 50p. (depending on your geographical location)
- Both Octopus Go and Agile are fixed for 12 months.
- You need an EV to be on Octopus Go.
- You can switch between tariffs at any time but they are subject to change.
The Agile price should go up and down in price but it could get stuck at around the 78p per kWh peak price. Go is defiantly going to be far more attractive if this happens!! Who would have thought 40p per kWh would seem better than being on Octopus Agile? This deal could change at any time!
Plus the Go tariff should bring your average price per kWh down even further. If you can shift a proportion of your energy use off-peak, eg charging your EV this will bring down the average price considerably.
|OCTOPUS GO Tariff||OCTOPUS AGILE Tariff. ⏰ 03/10/2022|
|40.04p per kWh||Daily Average Price 38.3p per kWh|
|7.5p per kWh - Off-peak 00.30 to 04.30 🚘||Cheapest 4 hours of energy 33.2p per kWh|
|47.88p per day standing charge.||47.88p per day standing charge.|
Here is a quote for Octopus Go on 3rd October 2022. It is a good deal in the current climate for charging off-peak. The Octopus Go tariff is a fixed deal for 12 months. It does not receive a discount under the energy the Energy Price Guarantee.
To find the most up-to-date Octopus Go rates in your area use this link. (If you decide to sign up come out of the quote and use the referral link. Otherwise you’ll miss out on the £50 credit)
On Twitter, there is quite some debate around sticking with the Octopus Agile tariff or moving over to Octopus Go. Quite a few moved to Octopus Go BUT they are heading back to Agile!! This is the great thing about Octopus Energy’s smart tariffs. You can switch between the two. If you switch away from Octopus Agile you can’t switch back for 30 days but that’s fair enough!
So the winning Octopus Smart tariff is……
I won’t take away the last 2 minutes of your life without giving you my opinion. 😆 It’s all very personal to your needs but if you want to plug your EV in and forget about it Octopus Go is more likely to be the one for you! The tariff has a current peak of 40p per kWh above the Energy Price Guarantee of 34p per kWh but by load shifting, you can reduce that price quite dramatically.
You need to make the most of the 4 hours of very cheap energy to get the average price you pay below the EPG. So get the washing machine whizzing and dishwashers running off-peak this will bring down your average price per kWh. I like the stability of a fixed rate and so for me Go is the winner. Although I have swapped this year to Intelligent Octopus which is even better!
In my opinion, Octopus Agile 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. The intelligent tariff also works in the same way but Octopus take control of your EV charging schedule. If you are happy to try this new tariff you will get 6 hours off-peak instead of 4. Smart tariffs have so much to offer if you can be creative with your energy use. This is a good read on half-hourly pricing and net-zero.
If you don’t own an EV then Octopus Agile is your only option but the new cap of 78p per kWh is higher than the standard variable tariff. You just have to hope wholesale prices will drop so you keep well below the capped rate.
Just a final thought, heat pump owners have been crying out for an off-peak smart tariff and Octopus now has one! If you live in a region where Western Power is your DNO then take a look at the smart heat pump tariff Octopus is currently trialling in your area.
|Octopus Agile Tariff.||Cheapest 4 hours.||Average price kWh||Cheapest price 30 minutes.|
|National Average Price of Energy.||Energy Price||Energy Price.||Energy Price.|
|Sunday 02/10/22||32.1p per kWh.||37.5p per kWh.||29.2p per kWh (02.30)|
|Saturday 01/10/22||-4.4p per kWh.||23.2p per kWh.||-9.0p per kWh.(03.30)|
|Friday 30/09/22||27.8p per kWh.||40.8p per kWh.||24.7p per kWh.(22.30)|
|Thursday 29/09/22||38.0p per kWh.||58.0p per kWh.||37.7p per kWh.(02.00)|
|Wednesday 28/09/22||34.4p per kWh.||50.6p per kWh.||33.6p per kWh.(05.00)|
|Tuesday 27/08/22||33.6p per kWh.||43.5p per kWh.||32.3p per kWh.(02.30)|
|Monday 03/10/22||33.2p per kWh.||38.3 per kWh.||28.0p per kWh (02.30)|
|Average price per kWh over 7 days.|
|Octopus Agile Average unit price over the last 365 days in my area. 29/08/22||Per kWh.|
|Average price including peak times.||37.07p|
|Average price excluding peak times. (4pm - 7pm)||34.06p|
|Average price during the cheapest 4 hours.||28.58p|
Thanks to @energystatsuk for the daily figures.
Take a look at my full Octopus Go / Go Faster review. The unit price outside the discounted period may vary depending on your geographical location.
|COMPARE OCTOPUS GO FASTER TARIFF|
|Option 1 🚘 4 hours discounted.||7.5p per kWh|
|Option 2 🚘 5 hours discounted.||8.25p per kWh|
|Outside discounted period unit cost per kWh||40.04p|
|Standing charge. 🚘||47.88p|
If you own a Tesla or a Wallbox Pulsar Plus Charger (or you are thinking of buying this charger) take a look at this brand new EV tariff, Octopus Intelligent. It offers 6 hours of off-peak charging.
If you don’t own an EV and are using Octopus Agile as an alternative to a standard Octopus tariff it’s still a great way to focus your mind on shifting your energy. This tariff is fantastic for helping to make the grid greener BUT Octopus could change the maximum price or the daily standing charge at any time!! So if you want this deal you will have to be quick.
Whenever you discover this post if you are asking yourself Octopus Go versus Octopus Agile remember you are asking yourself this question as you are not sticking to the norm and going with a standard tariff. Standard tariffs at the moment are ridiculously high! Switching to a smart tariff at least gives you the freedom to try and bring your overall energy bill down. You may be trying to be greener or save money or both but it’s all a learning curve and one we have to do to give the planet a better future!!
Read both my reviews on the Octopus Agile and the Octopus Go / Go Faster tariffs. 💕 I’d also suggest you look at Intelligent Octopus which is a beta tariff BUT I can see it becoming more consideration for those looking at Octopus Go. The next post I think will have to be Intelligent Octopus v Octopus Go!!
If you call and decide to switch to Octopus you’ll get £50 credit on your first bill and I will get £50 credit too.👏💚🎉 – Thank you, Sarah.🤗
Here are a few of the reasons Agile prices have been high at the moment. I have written a blog post that might prove helpful.
It’s an usually pricy start to the summer. Wind is low tonight (some but not loads) meaning gas is the main price setter. And gas is v expensive right now – outages in Norwegian supply, high Asian demand and political tensions limiting Russian flows through Ukraine all unhelpful
— Matt Bunney (@MBunney) June 30, 2021
Octopus Watch App
You can find some great apps and devices using Octopus Energy API.
I would strongly suggest looking at the Octopus Watch app. Watch refers to keeping an eye on something rather than needing a smartwatch to access it!! 😁
I would say this is one of the most useful apps to consider if you are switching to the Octopus Energy Agile tariff. This app allows you to download up to 3 months of historical data. You can use it to set Agile pricing alerts and interact with Siri. It’s a good app but the fun really starts in the subscription version.
Octopus Watch with Subscription.
(£1.99 + £7.99 per year/£0.99 per month)
This is really if you want to help shift your usage to make energy greener. You can set alerts so you know when the lowest carbon period is. It really depends on how much you want to play around with your energy usage and shift. The predictive reports are great too. If you want to plan and work out which day would be best to charge your car or do your weekly wash then the predictive option helps a lot. Of course, these energy prices are just predicted. However, they have shown to be 90% accurate, which is good enough for me. Here is the smarthound website.