Octopus Agile

moneyman21

Is Octopus Agile worth changing to if all you can change to cheap hours is dishwasher and washing machine

sourcrates

Your question would be better posted on the Energy board, this board is for debt related issues.

MSE_ForumTeam5

Moved to Energy

Alnat1

If you can avoid using much electricity between 4-7pm every day then it could work for you. Are you happy to always check the app to work out when it's cheapest to run your appliances and that often means overnight, or would that soon become an inconvenience? 

[Deleted User]

moneyman21 said:

Is Octopus Agile worth changing to if all you can change to cheap hours is dishwasher and washing machine

Agile is a bit like sharedealing. Prices rise and fall depending on demand and the political climate. As we are coming out of Winter, the fall in wholesale costs is now showing up in Agile pricing.

That said, Agile is still a beta tariff which is the cause of some consumer frustrations. Billing is NOT done on index readings it uses smart meter 30 usage data. The loss of just one 30 minute data segment will result in a billing failure. Octopus can attempt a manual data recovery. If this fails then they will bill you for the missing day at the Flexible tariff rate.

In the event of a major political event resulting in a large wholesale price increase, you may end up paying the capped price of £1 per kW.

FWiW, I was on Agile for two years when prices were falling (during Covid) and saved a fortune in electricity costs.

Inigo_Montoya

I moved to Agile last month due to the 6 month wait for tracker - Agile works for me due to my usage pattern & at the moment its cheaper than the capped SVR anyway whatever your usage pattern

It is a risk though as prices could spike well above the cap even with the EPG discount (which ends July 1st) so you really have to be checking the prices daily IMO & be ready to possibly move back to the SVR at very short notice 

Also I have just noticed that the standing charge has NOT increased today (mine is still about 41p per day) which I assume is another small benefit as my understanding is that the standing charges on many(all?) SVRs increased today 

linz

Inigo_Montoya said:

I moved to Agile last month due to the 6 month wait for tracker - Agile works for me due to my usage pattern & at the moment its cheaper than the capped SVR anyway whatever your usage pattern

It is a risk though as prices could spike well above the cap even with the EPG discount (which ends July 1st) so you really have to be checking the prices daily IMO & be ready to possibly move back to the SVR at very short notice 

Also I have just noticed that the standing charge has NOT increased today (mine is still about 41p per day) which I assume is another small benefit as my understanding is that the standing charges on many(all?) SVRs increased today 

I think i'm going to switch from the standard tariff to this, going to give them a call on Monday - can i ask what the notice period is if prices were to spike if I were to ask to be put back on the standard rate? I've only been with Octopus for a couple of months but really impressed with them so far.

MTIA

[Deleted User]

linz said:

Inigo_Montoya said:

I moved to Agile last month due to the 6 month wait for tracker - Agile works for me due to my usage pattern & at the moment its cheaper than the capped SVR anyway whatever your usage pattern

It is a risk though as prices could spike well above the cap even with the EPG discount (which ends July 1st) so you really have to be checking the prices daily IMO & be ready to possibly move back to the SVR at very short notice 

Also I have just noticed that the standing charge has NOT increased today (mine is still about 41p per day) which I assume is another small benefit as my understanding is that the standing charges on many(all?) SVRs increased today 

I think i'm going to switch from the standard tariff to this, going to give them a call on Monday - can i ask what the notice period is if prices were to spike if I were to ask to be put back on the standard rate? I've only been with Octopus for a couple of months but really impressed with them so far.

MTIA

There is no notice period. 

linz

[Deleted User] said:

linz said:

Inigo_Montoya said:

I moved to Agile last month due to the 6 month wait for tracker - Agile works for me due to my usage pattern & at the moment its cheaper than the capped SVR anyway whatever your usage pattern

It is a risk though as prices could spike well above the cap even with the EPG discount (which ends July 1st) so you really have to be checking the prices daily IMO & be ready to possibly move back to the SVR at very short notice 

Also I have just noticed that the standing charge has NOT increased today (mine is still about 41p per day) which I assume is another small benefit as my understanding is that the standing charges on many(all?) SVRs increased today 

I think i'm going to switch from the standard tariff to this, going to give them a call on Monday - can i ask what the notice period is if prices were to spike if I were to ask to be put back on the standard rate? I've only been with Octopus for a couple of months but really impressed with them so far.

MTIA

There is no notice period. 

Thankyou 👍

[Deleted User]

linz said:

[Deleted User] said:

linz said:

Inigo_Montoya said:

I moved to Agile last month due to the 6 month wait for tracker - Agile works for me due to my usage pattern & at the moment its cheaper than the capped SVR anyway whatever your usage pattern

It is a risk though as prices could spike well above the cap even with the EPG discount (which ends July 1st) so you really have to be checking the prices daily IMO & be ready to possibly move back to the SVR at very short notice 

Also I have just noticed that the standing charge has NOT increased today (mine is still about 41p per day) which I assume is another small benefit as my understanding is that the standing charges on many(all?) SVRs increased today 

I think i'm going to switch from the standard tariff to this, going to give them a call on Monday - can i ask what the notice period is if prices were to spike if I were to ask to be put back on the standard rate? I've only been with Octopus for a couple of months but really impressed with them so far.

MTIA

There is no notice period. 

Thankyou 👍

No - problem.

There is one caveat in the terms and conditions:

1. You can switch away from our Agile Octopus tariff to one of our standard tariffs any time without financial penalty, but you can’t move back to one of our smart tariffs within 30 days.

Mobtr

linz said:

Inigo_Montoya said:

I moved to Agile last month due to the 6 month wait for tracker - Agile works for me due to my usage pattern & at the moment its cheaper than the capped SVR anyway whatever your usage pattern

It is a risk though as prices could spike well above the cap even with the EPG discount (which ends July 1st) so you really have to be checking the prices daily IMO & be ready to possibly move back to the SVR at very short notice 

Also I have just noticed that the standing charge has NOT increased today (mine is still about 41p per day) which I assume is another small benefit as my understanding is that the standing charges on many(all?) SVRs increased today 

I think i'm going to switch from the standard tariff to this, going to give them a call on Monday - can i ask what the notice period is if prices were to spike if I were to ask to be put back on the standard rate? I've only been with Octopus for a couple of months but really impressed with them so far.

MTIA

I think you have to sign up online