So will Octopus keep to their word and start communicating with customers today?

powerful_Rogue

Just got my Electricity Economy 7 update through from Octopus. (I'm in the South East)

Standing Charge, Was 41.186p, Now 41.127p

Day rate, Was 31.973p, Now 43.397p

Night rate, Was 21.336p, Now 16.686p

ppc1

Can somebody please show me the official Flexible Octopus tariff rates and SC for Merseyside and North Wales?

Many thanks. 

oliverbrown

12pm Sunday 18 September

We've been contacting customers on our Flexible Octopus (SVT) tariff about what their new rates will be this weekend. Thank you for bearing with us - it's been a complex process to work through all the detail this week and get communications out to you all.
We are also aiming to contact those on Fixed tariffs this week with exactly what this means for them. Those on Fixed tariffs above the rate of the new subsidy are also guaranteed the lower rates from 1 October - you can read more about this on this government factsheet but we will confirm details soon.

We've also announced further support for up to 100,000 customers where we will waive the standing charge for a period of time - our CEO and Founder Greg talks about this here:

https://twitter.com/g__j/status/1571181701639950336

From: https://octopus.energy/blog/government-support-with-energy-costs-this-winter/

bristolleedsfan

powerful_Rogue said:

Just got my Electricity Economy 7 update through from Octopus. (I'm in the South East)

Standing Charge, Was 41.186p, Now 41.127p

Day rate, Was 31.973p, Now 43.397p

Night rate, Was 21.336p, Now 16.686p

EDF is  42.77p 49.80p 7.85p

https://www.edfenergy.com/sites/default/files/government_energy_price_guarantee_prices._standard_variable_deemed_and_welcome._credit_meters.pdf?utm_source=awin&utm_medium=affiliate&utm_campaign=bau&utm_affiliate=181013&awc=1887_1663506711_3f9c0be58b3a325ca2def217e994f508

t0rt0ise

nadsat said:

t0rt0ise said:

nadsat said:

I've had the email and am on variable tariff in London and the new unit rates will be:

Electricity - 35.513p
Gas - 10.51p

And the standing charges?

Standing charges:

Electricity - 31.513p
Gas - 26.841p

Thank you. My account says this account has no tariff, so I'm presuming I will not get an email.

powerful_Rogue

bristolleedsfan said:

powerful_Rogue said:

Just got my Electricity Economy 7 update through from Octopus. (I'm in the South East)

Standing Charge, Was 41.186p, Now 41.127p

Day rate, Was 31.973p, Now 43.397p

Night rate, Was 21.336p, Now 16.686p

EDF is  42.77p 49.80p 7.85p

https://www.edfenergy.com/sites/default/files/government_energy_price_guarantee_prices._standard_variable_deemed_and_welcome._credit_meters.pdf?utm_source=awin&utm_medium=affiliate&utm_campaign=bau&utm_affiliate=181013&awc=1887_1663506711_3f9c0be58b3a325ca2def217e994f508

Was hoping Octopus might drop the night rate a bit more.

t0rt0ise

It's a shame they don't just produce a pdf listing all prices so we can all see what's what. Maybe they will eventually.

MWT

powerful_Rogue said:

Was hoping Octopus might drop the night rate a bit more.

They have priced for different markets, EDF is better for those who use above the Ofgem 'typical' night use (42%), Octopus is better for those who use less than 42% at night.

macman

So they are giving themselves another 5 or maybe even 7 days before confirmation of the fix rates under the EPG? That'll take us to 25/9, just five days before the implementation date.

powerful_Rogue

MWT said:

powerful_Rogue said:

Was hoping Octopus might drop the night rate a bit more.

They have priced for different markets, EDF is better for those who use above the Ofgem 'typical' night use (42%), Octopus is better for those who use less than 42% at night.

True, but it's not exactly easy to move supplier at the moment to fit in with the right market.