New Octopus tariff for solar and battery users - Octopus Flux

powerful_Rogue

Just seen Octopus have released this new tariff.

https://octopus.energy/smart/flux/

powerful_Rogue

Just registered my interest. Could be quite a good tariff from first impressions.

Oscarmax

My old Octopus Go rate is coming to an end in March, I have registered to change over to Octopus ECO7, I am going to register my interest

1961Nick

For those with large arrays & plenty of export it looks like a viable option.

Magnitio

Looks interesting. Provides greater certainty over Agile and good export rates for sunny summer evenings.

I've stuck with Agile (Feb 18 version) so far as it has a low standing charge (21p) and can offer some good rates at times (including negative) but you do have to check it daily to get the best out of it.

mickyduck55

Looks interesting for summer and people with oversized battery systems.. mine is scaled to fit my usage so I minimise export.. don't think its for me.  Very good that they have come up with a tariff for battery and solar 

NigeWick

I got an email from Octopus about this yesterday evening saying I cold go on it when my Tesla Tariff ends. The suggestion was, if I use it correctly, I could earn an extra £300 per year compared to the Tesla Tariff.

ispookie666

I'm on E7 and have been using the Air 2 Air HP a lot during the winter months, reaching nearly 500KWh import, 95% during E7 hours.
This tariff will be roughly 60p/day more for import compared to E7(£54/year approx) 
But the export tariff will make me at least £160 when compared to my current SEG of 4.1

I think I'll sit out for a bit ☺️

Alnat1

Will Octopus "fix" the Flux prices for 12 months as they do with their other TOU tariffs or is it likely to be totally variable and can change with reasonable notice? Small amount of info I've seen about it didn't confirm.

ispookie666

Alnat1 said:

Will Octopus "fix" the Flux prices for 12 months as they do with their other TOU tariffs or is it likely to be totally variable and can change with reasonable notice? Small amount of info I've seen about it didn't confirm.

The FAQ suggests it's subject to change depending on wholesale prices

ABrass

As long as you import more during the flux period than you use in the peak time you're better off. If you have a surplus in the peak period then you're quids in. If you have a battery and can reserve the power for the peak period then it's even better.

That will suit me down to ground.