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Frequency of active electricity tariff changing?

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Reed_Richards
Reed_Richards Posts: 5,336 Forumite
Part of the Furniture 1,000 Posts Photogenic Name Dropper
edited 13 March 2023 at 10:47AM in Green & ethical MoneySaving
My friend tells me that he knows someone who [actively] changes his tariff on a daily basis, possibly more frequently, in order to get the best rates for import and export of electricity.  Can this be correct?  I did not know that this was even possible.

edited to add [actively]
Reed

Comments

  • Alnat1
    Alnat1 Posts: 3,866 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    I'm guessing he means the prices within the tariff change daily or more, like Octopus Tracker or Agile.
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) Lux 3.6kw hybrid inverter installed Mar 22 and 9.6kw Pylontech battery 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • Reed_Richards
    Reed_Richards Posts: 5,336 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I'm told the tariff changer sits on his computer making the tariff changes so my friend thinks it is an active process, not a passive one.  But my friend could have misunderstood and be wrong, he's not very techy
    Reed
  • 70sbudgie
    70sbudgie Posts: 842 Forumite
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    That sounds like a widget for Octopus Tracker that shows the daily rate. 

    (I don't have Tracker so don't know if this kind of widget is available, but I would be surprised if it isn't. Given how many different programmes are available for Octopus tariffs)

    Unless your friend is doing something everyday, more than just looking at a widget on his computer screen, I would suggest he isn't actively changing anything. 😉
    4.3kW PV, 3.6kW inverter. Octopus Agile import, gas Tracker. Zoe. Ripple x 3. Cheshire
  • Alnat1
    Alnat1 Posts: 3,866 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    He might have something that picks out the cheapest Octopus Agile slots during each 24 hours?
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) Lux 3.6kw hybrid inverter installed Mar 22 and 9.6kw Pylontech battery 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • EricMears
    EricMears Posts: 3,309 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    About a year ago,  some Octopus customers were manually swapping tariffs frequently but I believe Octopus reacted by stopping changes more than once a month.  It seems unlikely that any app would be able to break that rule.
    NE Derbyshire.4kWp S Facing 17.5deg slope (dormer roof).24kWh of Pylontech batteries with Lux controller BEV : Hyundai Ioniq5
  • Reed_Richards
    Reed_Richards Posts: 5,336 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hmm.  Maybe this is old news then?
    Reed
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