We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Octopus Agile tariff showing Plunge (negative) pricing 1st Oct

124»

Comments

  • Anybody interested should download the Octopus app which will give you the half hour prices for your region.

    I used to be on Agile and then it became untenable for me as it was basically 35p all the time. I have solar so using Go with an overnight cheap rate made more sense. But it is all a very individual decision based on your circumstances. With an EV to charge and doing lowish mileage I've a fair bit of flexibility.

    With the arrival of the autumn and winter winds the situation will change again as we have just seen. There is no charge for changing, although there is a time limit before changing again which I can't recall off the top of my head. It's a situation that may well be worth keeping an eye on.
  • k_man
    k_man Posts: 1,636 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Anybody interested should download the Octopus app which will give you the half hour prices for your region.

    I used to be on Agile and then it became untenable for me as it was basically 35p all the time. I have solar so using Go with an overnight cheap rate made more sense. But it is all a very individual decision based on your circumstances. With an EV to charge and doing lowish mileage I've a fair bit of flexibility.

    With the arrival of the autumn and winter winds the situation will change again as we have just seen. There is no charge for changing, although there is a time limit before changing again which I can't recall off the top of my head. It's a situation that may well be worth keeping an eye on.
    The latest version of Agile has a product cap of 78p/kWh.

    So even with the EPG discount (makes it 61p) this is unlikely to suit most users, even with some periods of low cost or plunge prices
  • Chrysalis
    Chrysalis Posts: 4,784 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 5 October 2022 at 11:32AM
    Anybody interested should download the Octopus app which will give you the half hour prices for your region.

    I used to be on Agile and then it became untenable for me as it was basically 35p all the time. I have solar so using Go with an overnight cheap rate made more sense. But it is all a very individual decision based on your circumstances. With an EV to charge and doing lowish mileage I've a fair bit of flexibility.

    With the arrival of the autumn and winter winds the situation will change again as we have just seen. There is no charge for changing, although there is a time limit before changing again which I can't recall off the top of my head. It's a situation that may well be worth keeping an eye on.
    With an EV you made the right choice as off peak rates are guaranteed.

    I did the maths comparing 35p agile to octopus intelligent, and I assumed the latter would be ahead due to the insane off peak prices but actually turns out on averaged out cost they not far apart with Agile having the cheaper peak costs and cheaper SC.

    For those of us with no EV I feel Agile is great, its just a shame the cap is so high on the latest one now,  
  • k_man
    k_man Posts: 1,636 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 5 October 2022 at 3:09PM
    Not quite plunge pricing, but down to 2p overnight.

    20p ish mid morning to mid afternoon.




  • Alnat1
    Alnat1 Posts: 3,962 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Battery top up and washer/dryer overnight again then. Hubby gets up for work at silly o'clock (3.15am!) and can switch the clothes over  :)
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • k_man
    k_man Posts: 1,636 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 5 October 2022 at 4:10PM
    Alnat1 said:
    Battery top up and washer/dryer overnight again then. Hubby gets up for work at silly o'clock (3.15am!) and can switch the clothes over  :)
    I am even looking at adding an immersion timer, to the never used heater, as the break even (Vs gas) will be soon if we get more of these days.
  • silverwhistle
    silverwhistle Posts: 4,059 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I am too. From March to October I use spare power from my solar to the immersion, but I switched the boiler on manually today for half an hour for some extra hot water and the frequency is likely to increase.
  • k_man
    k_man Posts: 1,636 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 6 October 2022 at 3:08PM
    30 minute plunge pricing (-3p) 5:00 to 5:30, and single digits for most of the early hours until 6:00.




  • Alnat1
    Alnat1 Posts: 3,962 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Another pre-breakfast battery top up  :D
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • Alnat1
    Alnat1 Posts: 3,962 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    I've set an alarm to remind myself to start the dishwasher at 8.15pm with a 6 hour delay (it only does 3, 6 or 9 hour delays) It hits the heating mode after 20 minutes so should get the 2.30am 3.4p slot and then the next heat period for drying should hopefully hit the -2.8p slot. Am I crazy? hehe
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.