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Octopus Tracker

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  • matt_drummer
    matt_drummer Posts: 2,013 Forumite
    1,000 Posts Second Anniversary Name Dropper
    By my calcs a wholesale price of 9.8 p equates to an SVT of 23.5.  I think that 9.8 p is fairly middling
    Well, there you go, if you think 9.8p is the wholesale price on average when you need it most, then the new Tracker formula will be about the same as SVT on average.

    If it is consistently above this, then time to change, but possibly too late for the best fixes.


  • BargainBear
    BargainBear Posts: 83 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    edited 9 January at 8:35PM
    QrizB said:
    QrizB said:
    One thing to remember is that Octopus utilise the energy from customers EV's whilst plugged in to offset purchasing any to meet demand
    I don't think their V2G trial is still running, and (if it is) it only involves a small number of vehicles.
    Other than thaat, the only way they can exploit customers' EV charging is via Intelligent Octopus Go where they can schedule charging to avoid peaks in demand. This is quite different to our claim of "utilising the energy from customers EVs".
    From my understanding it still is (I work for a DNO).  Hence they're continually offering charger incentives if leasing particular EV's through their schemes.
    They're using ChaDeMo vehicles, which realistically means a Nissan Leaf or eNV200. And the only compatible charer is the Quasar 1 which is discontinued and no longer available.
    Almost all vehicles sold today are CCS, and as far as I know there isn't a commercially-available bidirectional CCS charger. Happy to be proved wrong if you know otherwise!
    There's a few other models.  I believe Tesla have stated they aim to have all of their vehicles capable of bi-directional charging by 2025.  The model 3 and Y are already when using a Ambibox GmbH bidirectional charger.
    I am getting a new Tesla in ten weeks time.

    It won't be doing any bi-directional charging!
    I would hope they make it abundantly clear to the owners that they're providing their permission for such things upfront. However, from experience of writing contracts I would strongly recommend reading the small print of any "EV" tariff prior to signing on the dotted line; I imagine they sneak in their right to access the energy within the batteries there.  I haven't checked the small print of their current EV tariffs, but it wouldn't suprise me if it's already in there.

    My concern would be the degradation of said batteries which would ultimately effect their lifespan.  I wonder if Tesla et al have anything written in to their T&C's which prohibits them being used as such and voiding any warranty/guarantee. When we get to that point of our renovation I'll have a deep dive.
    Pennies holding up the Pounds.
  • Telegraph_Sam
    Telegraph_Sam Posts: 2,552 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The Ofgem website seems to be saying that the price cap is 24.86 p / kWh and 60.96 p per day and for gas 6.34 p / kWh and 31.56 p / day. Region not specified.
    https://www.ofgem.gov.uk/energy-price-cap
    There is a link to the regional values but the content does not appear.
    Not for the uninitiated this.

    Telegraph Sam

    There are also unknown unknowns - the one's we don't know we don't know
  • matt_drummer
    matt_drummer Posts: 2,013 Forumite
    1,000 Posts Second Anniversary Name Dropper
    QrizB said:
    QrizB said:
    One thing to remember is that Octopus utilise the energy from customers EV's whilst plugged in to offset purchasing any to meet demand
    I don't think their V2G trial is still running, and (if it is) it only involves a small number of vehicles.
    Other than thaat, the only way they can exploit customers' EV charging is via Intelligent Octopus Go where they can schedule charging to avoid peaks in demand. This is quite different to our claim of "utilising the energy from customers EVs".
    From my understanding it still is (I work for a DNO).  Hence they're continually offering charger incentives if leasing particular EV's through their schemes.
    They're using ChaDeMo vehicles, which realistically means a Nissan Leaf or eNV200. And the only compatible charer is the Quasar 1 which is discontinued and no longer available.
    Almost all vehicles sold today are CCS, and as far as I know there isn't a commercially-available bidirectional CCS charger. Happy to be proved wrong if you know otherwise!
    There's a few other models.  I believe Tesla have stated they aim to have all of their vehicles capable of bi-directional charging by 2025.  The model 3 and Y are already when using a Ambibox GmbH bidirectional charger.
    I am getting a new Tesla in ten weeks time.

    It won't be doing any bi-directional charging!
    I would hope they make it abundantly clear to the owners that they're providing their permission for such things upfront. However, from experience of writing contracts I would strongly recommend reading the small print of any "EV" tariff prior to signing on the dotted line; I imagine they sneak in their right to access the energy within the batteries there.  I haven't checked the small print of their current EV tariffs, but it wouldn't suprise me if it's already in there.
    It's like putting miles on your car without actually driving anywhere!

    It won't be happening to me.

    There's always a way to stop it.

    Don't plug it in until you need to charge, then they wont have the opportunity.
  • BargainBear
    BargainBear Posts: 83 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    edited 9 January at 8:20PM
    On a more positive note, I just received a response from Octopus to my earlier email requesting our electricity tariff be switched to the December 2024 tariff, and they've confirmed it's been actioned, our account reflects the change already and they've kindly backdated it to yesterday so the blip today won't affect us!
    Pennies holding up the Pounds.
  • QrizB
    QrizB Posts: 18,309 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    I would strongly recommend reading the small print of any "EV" tariff prior to signing on the dotted line; I imagine they sneak in their right to access the energy within the batteries there.  I haven't checked the small print of their current EV tariffs, but it wouldn't suprise me if it's already in there.
    You're just spreading FUD now.
    It won't be happening to me. There's always a way to stop it.
    Don't plug it in until you need to charge, then they wont have the opportunity.
    It's physically impossible to extract grid-synchronised AC from an EV battery without a bidirectional charger (which includes a similar inverter to a grid-tie solar one). The vast majority of UK EV chargers don't include this ability. There is zero possibility of eg. Octopus extracting electricity from an EV battery using a conventional EV home charging point.
    My concern would be the degradation of said batteries which would ultimately effect their lifespan.
    Experience with the various V2G trials has shown that gentle charging and discharging (as you'd get from V2G, where you're limited to 7kW) *increases* the life of EV batteries, rather than degrades them. Its driving your EV and using fast chargers that does the damage.
    @michaels is/was in the Octopus V2G trial and might have more info?
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • tony863
    tony863 Posts: 385 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I'm Dec 23 v1 tracker and looking to switch. Has anyone considered switching to Tomato?

    I'm eastern and 14m Fixed Jan 25 v1 with Octopus
    E = 25.33 unit rate, plus 48.79 standing charge

    Tomota prime fixed Oct 24 v1
    E = 22.18p plus 44.73 SC 

    I think that's quite a bit cheaper? I've already fixed Gas the other day 
     
  • matt_drummer
    matt_drummer Posts: 2,013 Forumite
    1,000 Posts Second Anniversary Name Dropper
    tony863 said:
    I'm Dec 23 v1 tracker and looking to switch. Has anyone considered switching to Tomato?

    I'm eastern and 14m Fixed Jan 25 v1 with Octopus
    E = 25.33 unit rate, plus 48.79 standing charge

    Tomota prime fixed Oct 24 v1
    E = 22.18p plus 44.73 SC 

    I think that's quite a bit cheaper? I've already fixed Gas the other day 
     
    Some people have been discussing it here for a while!

    Tomato Energy (Electric Only Supplier) - Too Good To Be True ? - Page 57 — MoneySavingExpert Forum

    You didn't see it?
  • Telegraph_Sam
    Telegraph_Sam Posts: 2,552 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'm in the same boat as you. From reading the numerous comments of others in this forum I'll find it hard to switch to Tom considering the actual "savings" at stake as against the organizational and financial uncertainties.
    Telegraph Sam

    There are also unknown unknowns - the one's we don't know we don't know
  • Griffindog
    Griffindog Posts: 215 Forumite
    100 Posts Second Anniversary Name Dropper
    I have jumped ship and gone on the 14 month fix with immediate effect. Email sent at 7.20 and reply received not long afterwards. I’ve saved £1500-£2000 over the last 2.5 years so I’ll quit while I’m ahead and I’ll watch out for cheaper tariffs as time goes on. Shame I didn’t swap before prices went up but this is damage limitation. It was good while it lasted.
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