Octopus Vs Eon Next

Hi,

I'm currently with EON-Next on a fixed deal which runs out next month, after then i'll be on the SVR. I have a Ford Kuga PHEV which i charge 6 nights a week at 10kwh per charge usually - at the moment it costs me £2.10 per night to charge (21p per unit), this will rise to £3.40 per night after October. I've looked at Octopus and they can put me on their Octopus Go tariff which offers 40.06p per KWH during the day and then 7.50p during the off peak hours. At the moment were getting through around 16 - 18KWH per day when i charge the car, unfortunately i don't know their Gas tariffs yet so can't work those out but i'm trying to calculate whether it will be worth it or not? Things like washing and tumble drying could be set to be done on off peak hours too so that could work in my favour a little but its a difficult decision im finding, i've spoken to Eon to see if they have a EV tariff but its not available at the moment 

I would appreciate any advice on the matter if possible?

Thanks

Matt Piper

«13

Comments

  • I would switch to Octopus now, and move over to their variable tariff.  Once you are an Octopus customer you can transfer your Electric to the Octopus Go scheme ( as long as you have a Smets2 smart meter). 
    The current Gas Tariff is whatever the standard tariff is in your area - eg  7.28p unit rate, 27.22p standing charge.

  • Keep_pedalling
    Keep_pedalling Posts: 20,067 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 16 September 2022 at 8:48AM
    You don’t have to swap both services, I am with Octopus for electricity and EDF for gas ( not by choice I was with Zog). As you seem to be using 60% at a saving of around 25p pkWh and 40% at a 8p pkWh it’s a bit of a no brainier unless you live in an area with smart meter issues.

    I have an EV which also uses 60% of my electricity use so would be paying a lot more with any other supplier.
  • MWT
    MWT Posts: 9,863 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    piperm87 said:
    I've looked at Octopus and they can put me on their Octopus Go tariff which offers 40.06p per KWH during the day and then 7.50p during the off peak hours.
    Also consider the 'Go Faster' tariff, which lets you pick the start time (21:30/22:30/23:30/00.30/01:30 and for 4 hours only, 02:30 is possible) for the 4  or 5 hour low rate (5 hours is 8.25p).
    No guarantee that you will get given your first choice of start time, but if not you'll get the next best time.
  • Thank you, just what i was expecting to be honest

    I think this is still abit of a grey area so I'm not expecting it to be answerable but if i were to switch over to their tariffs would i still be eligible for the government cost cap reduction? I believe its difference for customers on fixed deals but anyway of dropping the cost down would be awesome
  • MWT said:
    piperm87 said:
    I've looked at Octopus and they can put me on their Octopus Go tariff which offers 40.06p per KWH during the day and then 7.50p during the off peak hours.
    Also consider the 'Go Faster' tariff, which lets you pick the start time (21:30/22:30/23:30/00.30/01:30 and for 4 hours only, 02:30 is possible) for the 4  or 5 hour low rate (5 hours is 8.25p).
    No guarantee that you will get given your first choice of start time, but if not you'll get the next best time.
    '
    They have only offered me the Go and Intelligent tariffs via email... unfortunately I'm not eligible for the intelligent tariff as i don't have a wall charger, i missed out on government scheme by 4 weeks and just use the 3 pin plug charger when i'm at home.

  • MWT said:
    piperm87 said:
    I've looked at Octopus and they can put me on their Octopus Go tariff which offers 40.06p per KWH during the day and then 7.50p during the off peak hours.
    Also consider the 'Go Faster' tariff, which lets you pick the start time (21:30/22:30/23:30/00.30/01:30 and for 4 hours only, 02:30 is possible) for the 4  or 5 hour low rate (5 hours is 8.25p).
    No guarantee that you will get given your first choice of start time, but if not you'll get the next best time.
    I don’t think that is available any longer. The alternative is Intelligent Octopus which gives you 6 hours from 23:30. I plan to switch to that when my current Go contract expires on 1st May.
  • piperm87 said:
    Thank you, just what i was expecting to be honest

    I think this is still abit of a grey area so I'm not expecting it to be answerable but if i were to switch over to their tariffs would i still be eligible for the government cost cap reduction? I believe its difference for customers on fixed deals but anyway of dropping the cost down would be awesome
    I am not expecting any change to my tariff as it is already below the cap ( just over 30p pkWh peak), and I think the same will apply to the current Go tariff as over all it is below the Oct cap. EDF have just announced their E7 rates which have similar off peak charges as Go (for some regions) for similar peak charges so I think it highly unlikely that there will be any reduction on the Go normal rates.
  • piperm87 said:
    MWT said:
    piperm87 said:
    I've looked at Octopus and they can put me on their Octopus Go tariff which offers 40.06p per KWH during the day and then 7.50p during the off peak hours.
    Also consider the 'Go Faster' tariff, which lets you pick the start time (21:30/22:30/23:30/00.30/01:30 and for 4 hours only, 02:30 is possible) for the 4  or 5 hour low rate (5 hours is 8.25p).
    No guarantee that you will get given your first choice of start time, but if not you'll get the next best time.
    '
    They have only offered me the Go and Intelligent tariffs via email... unfortunately I'm not eligible for the intelligent tariff as i don't have a wall charger, i missed out on government scheme by 4 weeks and just use the 3 pin plug charger when i'm at home.

    Although the grants have finished you should still be able to get a charge point fitted without any additional outlay. Grants were only available though certain approved suppliers and approved charge points and lets just say that the starting rates were somewhat inflated before the deduction of the grants.

    In you position I would get one fitted, both so you are ready for going fully electric and for safety reasons. Granny chargers are OK for occasional use but continuous use from a single  socket does present a fire risk.
  • piperm87 said:
    Thank you, just what i was expecting to be honest

    I think this is still abit of a grey area so I'm not expecting it to be answerable but if i were to switch over to their tariffs would i still be eligible for the government cost cap reduction? I believe its difference for customers on fixed deals but anyway of dropping the cost down would be awesome
    I am not expecting any change to my tariff as it is already below the cap ( just over 30p pkWh peak), and I think the same will apply to the current Go tariff as over all it is below the Oct cap. EDF have just announced their E7 rates which have similar off peak charges as Go (for some regions) for similar peak charges so I think it highly unlikely that there will be any reduction on the Go normal rates.

    I see,  its not the end of the world as i would still be far better off paying those rates with the car, I've cut down our electrical usage considerably over the past few months with the use of smart plugs and turning off stuff thats not in use but with us heading into winter now and having a 4 year old son and 2 month old daughter and the missues at home i can see the boiler taking a beating with having to keep the place warm for them.






  • piperm87 said:
    MWT said:
    piperm87 said:
    I've looked at Octopus and they can put me on their Octopus Go tariff which offers 40.06p per KWH during the day and then 7.50p during the off peak hours.
    Also consider the 'Go Faster' tariff, which lets you pick the start time (21:30/22:30/23:30/00.30/01:30 and for 4 hours only, 02:30 is possible) for the 4  or 5 hour low rate (5 hours is 8.25p).
    No guarantee that you will get given your first choice of start time, but if not you'll get the next best time.
    '
    They have only offered me the Go and Intelligent tariffs via email... unfortunately I'm not eligible for the intelligent tariff as i don't have a wall charger, i missed out on government scheme by 4 weeks and just use the 3 pin plug charger when i'm at home.

    Although the grants have finished you should still be able to get a charge point fitted without any additional outlay. Grants were only available though certain approved suppliers and approved charge points and lets just say that the starting rates were somewhat inflated before the deduction of the grants.

    In you position I would get one fitted, both so you are ready for going fully electric and for safety reasons. Granny chargers are OK for occasional use but continuous use from a single  socket does present a fire risk.

    yeah i must admit i am a sparky by trade so i did install a dedicated socket under my fuse board in the garage for the charger using 4.0mm cable on a 16A breaker. The granny lead is limited to 10A i believe but i agree its not ideal. I've tried several places and i'm looking at roughly £1000 for an install. I could probably do it myself but don't have EV training or quals to cert the charger once its finished unfortunately. The car is a company car and I'm 4 months into a 3 year lease on it but the company wont pay to have a charger fitted as ''i can use the car in full hybrid mode and don't really need to charge it unless i choose to''  Bo!!ocks i know.
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