Agile Rates

Astria

Now if I could just programmatically check the rates, and program some kind of controller to automatically switch on a load to charge my battery bank. Having to manually check the rates and change it each night doesn't seem fun, so at the moment I'm purely depending on the sun, which doesn't seem to be doing much.

CanNeverThinkOfAUsername

They, until a few weeks ago, used to email each evening when prices went below £0.00, strange they stopped them and never told us, lol.

k_man

CanNeverThinkOfAUsername said:

They, until a few weeks ago, used to email each evening when prices went below £0.00, strange they stopped them and never told us, lol.

Odd, as I never received emails about low prices, only saver sessions. Maybe it was an opt in.

Do you have the subject line of the email, maybe I have filed them!

greyteam1959

CanNeverThinkOfAUsername said:

This evening is looking good again. This is Yorkshire for me......

00:00 - 00:30	4.20
00:30 - 01:00	13.25
01:00 - 01:30	14.70
01:30 - 02:00	1.05
02:00 - 02:30	6.38
02:30 - 03:00	1.28
03:00 - 03:30	2.00
03:30 - 04:00	-4.87
04:00 - 04:30	1.05
04:30 - 05:00	-3.15
05:00 - 05:30	-0.94
05:30 - 06:00	-0.71
06:00 - 06:30	-0.84
06:30 - 07:00	1.05
07:00 - 07:30	0.55
07:30 - 08:00	8.40
08:00 - 08:30	4.03

Can somebody please explain these negative unit rates for me please ?
Between 03:30 - 04:00 the above shows -4.87p 
Is this negative unit rate applied to my bill as below ?
If I use 2 kwh at -4.87p = -9.74p
Then I use 2 kwh between say 07:30-08:00 at 8.40p = 16.8p
I will be billed 7.06p I presume ?

So if I used 10 kwh between 03:30 - 04:00at -4.87p = -48.70p
Then 2 kwh between say 07:30-08:00 at 8.40p = 16.8p
How do I get billed for a negative figure of -31.90p ?

Sorry if I appear to be a bit thick but I am trying to understand the use of Octopus Agile for a switch to them later on this year.

CanNeverThinkOfAUsername

@k_man No worries. The emails came from Pete @ Octopus <hello@octopus.energy> and the subject "Plunge pricing alert! 💸🐙" The emails said......

"Hi *Name*,

This is your plunge pricing alert!

There’s plenty of wind tonight — if you’re on our Agile tariff, check your prices for plunge pricing overnight between 03:00 – 07:00, and get paid for the electricity you use.

You can check your prices in your online account.

Love and power,
Pete Miller
Co-founder & Head of Customer Experience"

Some also said.....

"Hi *Name*,

This is your plunge pricing alert!

It’s been a while coming, but there’s free electricity 02:30 – 03:00 tonight and a plunge from 03:30 – 04:00.

Check your prices in your online account.

Love and power,
Pete Miller
Co-founder & Head of Customer Experience"

JohnPo

Can somebody please explain these negative unit rates for me please ?

Between 03:30 - 04:00 the above shows -4.87p 
Is this negative unit rate applied to my bill as below ?
If I use 2 kwh at -4.87p = -9.74p
Then I use 2 kwh between say 07:30-08:00 at 8.40p = 16.8p
I will be billed 7.06p I presume ?

So if I used 10 kwh between 03:30 - 04:00at -4.87p = -48.70p
Then 2 kwh between say 07:30-08:00 at 8.40p = 16.8p
How do I get billed for a negative figure of -31.90p ?

Sorry if I appear to be a bit thick but I am trying to understand the use of Octopus Agile for a switch to them later on this year.

Your maths is correct and yes there are rare occasions where you get paid (negative rates) to use power.  In the overall scheme of things this averages out against your other usage and so reduces the overall price per KWhr in the particular month where the negative rates occurred.

greyteam1959

JohnPo
Thanks for that.
So really it is a no brainer to move to Octopus Agile & move as much of my electricity consumption to the middle of the night.
Dishwasher, washing machine & tumble dry being the main ones.

JohnPo

greyteam1959 said:

JohnPo
Thanks for that.
So really it is a no brainer to move to Octopus Agile & move as much of my electricity consumption to the middle of the night.
Dishwasher, washing machine & tumble dry being the main ones.

Well sort of, the peak rate prices can be very high and the current Agile product is capped at 100 pence per KWhr, so on still days particularly in winter even outside the 4 to 7pm peak, you can still pay very high prices.  The original Agile product with it's 35p cap became very interesting early last summer as 'cheap 12 month fix' but that got pulled by August last year.

k_man

CanNeverThinkOfAUsername said:

@k_man No worries. The emails came from Pete @ Octopus <hello@octopus.energy> and the subject "Plunge pricing alert! 💸🐙" The emails said......

"Hi *Name*,

This is your plunge pricing alert!

There’s plenty of wind tonight — if you’re on our Agile tariff, check your prices for plunge pricing overnight between 03:00 – 07:00, and get paid for the electricity you use.

You can check your prices in your online account.

Love and power,
Pete Miller
Co-founder & Head of Customer Experience"

Some also said.....

"Hi *Name*,

This is your plunge pricing alert!

It’s been a while coming, but there’s free electricity 02:30 – 03:00 tonight and a plunge from 03:30 – 04:00.

Check your prices in your online account.

Love and power,
Pete Miller
Co-founder & Head of Customer Experience"

Thanks.
Not received any of those emails in the past.
Maybe I did/did not tick a box somewhere!

I use Octopus Compare app currently, which notifies at around 4pm.

Alnat1

Click the head icon top right on your Octopus app home page. There's a notifications tab, make sure it's set to ON.