Octopus Energy reviews: Give your feedback

[Deleted User]

Telegraph_Sam said:

Everything is possible particularly at present but I ask myself what particular attributes heat pump people (or any other target group) would  have in order to justify creating a tariff just for them?  The cynic in me says it would be purely for marketing reasons alongside other tariffs for say microwave oven owners and the like  . Speculation ..

Of course it is marketing. Octopus has just invested £Ms in heat pump R and D, and about to start in-house heat pump production. It would very good business for them to offer a dedicated tariff to those customers who buy a heat pump from them. 

Telegraph_Sam

"...probably a pure coincidence that an EV will tend to consumer significantly more energy than anything else in the home. Heat pumps would be a good second option to branch out with"
Which comes  back to my original point: Whether, as full capacity is reached, it makes sense to offer super cheap deals to large consumers (EVs) any more than to anyone else.  The arguments for heat pump tariffs must be different - purely as means to encourage sales of their own products
Just to clarify - I have no connection with the Octopus Marketing or R & D Departments and am not privy to what motivates them in their decision making   

Telegraph_Sam

Gas latest:

https://uk.yahoo.com/news/uk-gas-prices-fall-record-204448856.html

bristolleedsfan

Telegraph_Sam said:

Gas latest:

https://uk.yahoo.com/news/uk-gas-prices-fall-record-204448856.html

"Following Mr Putin’s comments on supplies, gas prices dropped to about 257p a therm later on Wednesday."

If my calculations are correct equates to 8.77p kwh

Finally reached 35p all day

[Deleted User]

Octopus gas tracker wholesale price has fallen from 9.2p/kWh yesterday to 7.19p/kWh today.

bristolleedsfan

Dolor said:

Octopus gas tracker wholesale price has fallen from 9.2p/kWh yesterday to 7.19p/kWh today.

Plus Vat, is that domestic rate of 5% or is it 20%?

Umiamz

I saw this on another forum:

I'm on Go Faster but haven't had any emails myself stating this (yet).

niktheguru

I'm guessing that bloke actually emailed them asking the question.

Telegraph_Sam

This only confirms the suspicions raised by a few of us recently. Whilst I am still struggling to understand the logic in this move, Octopus are obviously at liberty to phrase their conditions as they wish. Hopefully by the time my / our existing GF tariffs expire there will be acceptable alternatives without EV strings attached. [Has anyone got a spare EV that I could borrow and register at this address??] 

Umiamz

niktheguru said:

I'm guessing that bloke actually emailed them asking the question.

Good point - I hadn't considered that. His wording does imply it now that I look at it again.