Apparent 58% price hike when switched from Bulb to Octopus in fact user-error

Mobtr

FCA_ACF said:

I thought E7 was TOU based, i.e. cheaper off-peak (middle of the night) than peak time.

It is but you have to be on E7 tariff. You’ve already said you’re not so regardless when you use your electricity, you are charged the same price 

dunstonh

I'm not on Economy 7 but am trying to shift load to night time usage by getting washing machine, dishwasher etc to run at night (difficult as they're older models without timers).

You wont gain anything by doing that unless you go on a multi-rate tarrif like economy 7.   However, you need about 40% or more of your use to be off peak.

Can you really shift that much energy over night?

Spoonie_Turtle

FCA_ACF said:

I thought E7 was TOU based, i.e. cheaper off-peak (middle of the night) than peak time.

It is, but you said you are not on Economy 7.  Unless it was a typo and you meant now instead of not 

FCA_ACF

Sorry for confusion.

I have a Smart Meter (E470 Series 3 SMETS2 100) installed by Bulb in 2019. Which I believe is an E7 meter.

However, I'm not on a TOU tariff.

cm4ever

FCA_ACF said:

Sorry for confusion.

I have a Smart Meter (E470 Series 3 SMETS2 100) installed by Bulb in 2019. Which I believe is an E7 meter.

However, I'm not on a TOU tariff.

Hi, if you look at your actual Octopus bill you'll see you're not actually paying that unit rate 

If you haven't had an Octopus bill yet, send them some meter readings that seems to generate a bill within a couple of days.

FCA_ACF

cm4ever said:

Hi, if you look at your actual Octopus bill you'll see you're not actually paying that unit rate 

If you haven't had an Octopus bill yet, send them some meter readings that seems to generate a bill within a couple of days.

matt_drummer said: 

It's the price before the EPG.

Thanks all. Now looking at actual Octopus bill, I can see EPG is applied at end, so I'm not paying the full rate.

Mstty

You could edit your 1st post content and title now you realise this was your mistake?

FCA_ACF

Mstty said:

You could edit your 1st post content and title now you realise this was your mistake?

thanks - good idea. Please LMK if you think new title more helpful to others.

RedFraggle

FCA_ACF said:

I thought E7 was TOU based, i.e. cheaper off-peak (middle of the night) than peak time.

It is, but you pay a higher rate in the day than on a single tariff. E7 is for properties with a hight night load such as storage heating and only economical if around 50% of your electric use is overnight

Mstty

Nice one👍👍👍