Agile Rates

CanNeverThinkOfAUsername

Good Evening,

I have not really checked my Agile rates for the last few weeks, as they always seemed to be at the cap. But i have just logged in and it seems i have cheap overnight rates again tonight, example....

02:00 - 02:30	3.15
02:30 - 03:00	0.02
03:00 - 03:30	0.63

I know the tracker tariff has been having issues showing incorrect rates, But does anyone know if the Agile ones are correct please?

Alnat1

Yes, there's been some decent rates for a few days. I've set the washer and dishwasher on the timers. Hubby gets up for work at 3.15 and will put 1st washing load in dryer and set off 2nd load 

You may have noticed that it's a bit windy? When the turbines are spinning fast, the leccy is cheaper. Should be good for a few days looking at the forecast.

Spoonie_Turtle

I do not know how Agile rates are calculated but the day-ahead wholesale prices are here https://www.nordpoolgroup.com/en/Market-data1/#/n2ex/table  (I can't work out the exact conversion but basically that 105,46 GBP/MWh = 10.546p/kWh) 
So yes those low low prices are eminently plausible!

JohnPo

Negative Agile pricing later tonight and the early hours of tomorrow:

23:00 - 23:30    4.63
23:30 - 00:00    -2.63
00:00 - 00:30    -1.1
00:30 - 01:00    1.32
01:00 - 01:30    0
01:30 - 02:00    -1.81
02:00 - 02:30    -3.91
02:30 - 03:00    -3.97
03:00 - 03:30    -5.51
03:30 - 04:00    -7.06
04:00 - 04:30    -7.06
04:30 - 05:00    -8.38
05:00 - 05:30    -8.38
05:30 - 06:00    -6.62
06:00 - 06:30    -1.76
06:30 - 07:00    3.71
07:00 - 07:30    -2.21
07:30 - 08:00    0

These are Agile Octopus February 2018 rates for the North of England, pulled from the online account.

CanNeverThinkOfAUsername

Wow, @JohnPo, you are right. I have just logged in and this is what i have for Yorkshire......

00:00 - 00:30	-1.05
00:30 - 01:00	1.26
01:00 - 01:30	0.00
01:30 - 02:00	-1.72
02:00 - 02:30	-3.72
02:30 - 03:00	-3.78
03:00 - 03:30	-5.25
03:30 - 04:00	-6.72
04:00 - 04:30	-6.72
04:30 - 05:00	-7.98
05:00 - 05:30	-7.98
05:30 - 06:00	-6.30
06:00 - 06:30	-1.68
06:30 - 07:00	3.53
07:00 - 07:30	-2.10
07:30 - 08:00	0.00
08:00 - 08:30	1.85
08:30 - 09:00	18.90

Alnat1

Awww bu#*er, did all my washing last night. Might just be the right time to wash the washer and dishwasher(do a 90C cleaning cycle) 

morhen

Time to charge the battery!  I can't see a downside of the agile tariff and more people should be on it imo.  It never goes above the price cap rate and has the cheapest standing charge around (20p per day).  Surely it's got to be better then just being on the standard tariff?

CanNeverThinkOfAUsername

I'm currently boiling hot with the plug-in elec heaters on while I'm 'paying' -2.50 per unit. Crazy! Haha

Spoonie_Turtle

morhen said:

Time to charge the battery!  I can't see a downside of the agile tariff and more people should be on it imo.  It never goes above the price cap rate and has the cheapest standing charge around (20p per day).  Surely it's got to be better then just being on the standard tariff?

Not necessarily the new versions.  The downside is that with a maximum discount of 17p/kWh, with an Octopus cap of 100p/kWh that means a potential top unit rate of 83p if things get really hairy.  With the forthcoming increase of max discount being 31?p, that's still a potential UR of ~70p.  Although, you'd only pay over the single EPG rate if the UR went above 64ish p, so for the 3 months … maybe worth the gamble?

Then goodness only knows what will happen from April.

JohnPo

No price plunge alerts emails - so a well kept secret!

bristolleedsfan

morhen said:

 I can't see a downside of the agile tariff and more people should be on it imo.  It never goes above the price cap rate and has the cheapest standing charge around (20p per day).  Surely it's got to be better then just being on the standard tariff?

Standing charge current versions of Agile is inline with standard flexible tariff