Octopus Agile

matt_drummer

Newbie_John said:

This is the thing, profit margin on electricity itself isn't that big. But when you get a cut of the EV, heat pump it's a different story..

Yes, it turns it into a loss!

bob2302

Why do Octopus insist on customers having a battery or EV for some of their tariffs?

EssexHebridean

bob2302 said:

Why do Octopus insist on customers having a battery or EV for some of their tariffs?

Because they can. 

Pat38493

bob2302 said:

Why do Octopus insist on customers having a battery or EV for some of their tariffs?

I don't know the business reason, but they have never asked me to prove that I have either of those things - they just took my word for it.

matt_drummer

bob2302 said:

Why do Octopus insist on customers having a battery or EV for some of their tariffs?

To encourage uptake of said items.

wrf12345

Some of the rates are going to be low margin so I guess they need you to use lots of energy on those rates to make a decent profit, it should be obvious from the bill if you are running an EV or heat pump though it would probably cost more to check than they could get back by changing you to another tariff, which might then make you look elsewhere. The Cosy tariff does say if you are going to fit a HP then you can go on it before it has been fitted but also says they can put you back on a std tariff if they investigate.

bob2302

matt_drummer said:

bob2302 said:

Why do Octopus insist on customers having a battery or EV for some of their tariffs?

To encourage uptake of said items.

But have they been incentivized or pressurized to do that. And how does making the tariffs available to others discourage the uptake. 

matt_drummer

bob2302 said:

matt_drummer said:

bob2302 said:

Why do Octopus insist on customers having a battery or EV for some of their tariffs?

To encourage uptake of said items.

But have they been incentivized or pressurized to do that. And how does making the tariffs available to others discourage the uptake. 

It encourages the uptake because you can only get those tariffs by `investing' in the stuff you are encouraged to buy.

Without the stuff, you can't have the tariff.

Pretty simple really?

I think part of the Octopus ethos is about moving people to stuff that we ultimately need to have to `save the planet'

Whether you believe in saving the planet, or just improving the quality of the air we breath is up to you.

But lots of people are in favour of this, and these tariffs make the journey less financially painful.

If everybody could get the same by doing nothing, then that is just what many people would do, nothing would change.

pete-20-11

I think octopus EV tariffs might actually cost octopus more to provide the customer than they charge them. 

Which is why such tariffs aren't available to everyone. 

So they are subsidising things that they feel are good for the environment. 

I'm not sure if that's still the case, but certainly used to be. 

bob2302

matt_drummer said:

bob2302 said:

matt_drummer said:

bob2302 said:

Why do Octopus insist on customers having a battery or EV for some of their tariffs?

To encourage uptake of said items.

But have they been incentivized or pressurized to do that. And how does making the tariffs available to others discourage the uptake. 

It encourages the uptake because you can only get those tariffs by `investing' in the stuff you are encouraged to buy.

Without the stuff, you can't have the tariff.

Pretty simple really?

The incentive for getting the stuff is to make good use of these tariff.  I think it's doubtful that many people that have decided to get an EV would change their minds if they found  they could get the tariff without one.