SNUG Octopus - new Tariff for Older (Meter ALCS) NSH - inc 1 hr afternoon winter boost

Scot_39
Scot_39 Posts: 3,189 Forumite
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edited 20 November 2024 at 12:14PM in Energy
Looks like Octopus about to launch a new split - 6 night hrs (upto ?) + 1 hrs afternoon boost in winter only - cheap rate deal for those with conventional NSH currently reliant on meter ALCS switching.

https://octopus.energy/smart/snug-octopus/

Its not lanched yet - but you can preregister if an interested customer.
It's quoting for me in EM region
a night rate of 9p/kWh.  There flexible e7 night rate 13.1p - 4.1p more = a big difference
a day rate of just 26.58p  - vs 23.77p current Ofgem SR vs current e7 29.5p peak.
And 54.57p SC

At those prices - it's certainly interesting.

Edit 20/11
Doesn't mention EV charging in FAQs - but it is a whole house rate - so you would have to check exactly how dynamic tge off peak windows might be - or perhaps saying want the full full 6 or 7 hours oh sign up as highlighted in bold it seems potentially highly variable...

Any Octopus intelligent customers who might know implications of 
"On sign up, you'll tell us how long you want the heaters to run and when you want your house to be warm, and we'll charge them at the cheapest, greenest times" 
in relation to their 
"15m meter response warning means - so could be billed at wrong rates potential"

(My Guess - Perhaps suggesting this might be a truly dynamic table setting for meter ALCS and billed on 1/2 hourly slots - to achieve the lowest price over the 6 hr window (nominally 00:30 to 06:30)).

May well be of interest to those who worry their heaters borderline on ecnomy 7 - so wont quite last a full day in coldest spells who rely on legacy split deals.
Or perhaps those now on RTS who I fear - perhaps unfounded - and so unfair on my part to speculate - may be being pushed towards generic single block e7 as alternative.

Comments

  • Swipe
    Swipe Posts: 5,561 Forumite
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    Sounds interesting, thanks for the heads up.
  • mmmmikey
    mmmmikey Posts: 2,201 Forumite
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    Looks like an excellent rate, would easily be the best for me saving £50 a month or so over winter compared to regular E7 or Flux which work out much the same. But unfortunately although I have an E7 meter it's not ACLS so I don't meet the criteria :-(
  • As soon as I saw it mentioned in the MSM I thought this sounds interesting, but there's a number of questions to ask about the ALCS setting and Rate1/Rate2 settings which I'm not doing until a current issue I have is solved!!
  • bob2302
    bob2302 Posts: 527 Forumite
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    If you don't need the meter to do the switching, you should also look at Tomato's Lifestyle tariffs, they are cheaper all round and fixed switching times.
  • Phones4Chris
    Phones4Chris Posts: 1,160 Forumite
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    bob2302 said:
    If you don't need the meter to do the switching, you should also look at Tomato's Lifestyle tariffs, they are cheaper all round and fixed switching times.
    Most people with storage heaters, especially older ones, will have the meter (or even an RTS) doing the switching (whether that be direct or via a contactor).
  • bob2302
    bob2302 Posts: 527 Forumite
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    edited 3 December 2024 at 4:34PM
    bob2302 said:
    If you don't need the meter to do the switching, you should also look at Tomato's Lifestyle tariffs, they are cheaper all round and fixed switching times.
    Most people with storage heaters, especially older ones, will have the meter (or even an RTS) doing the switching (whether that be direct or via a contactor).
    The modern smart NSHs have two inputs and can work without it. It's not hugely rare.
  • Phones4Chris
    Phones4Chris Posts: 1,160 Forumite
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    edited 3 December 2024 at 7:33PM
    @bob2302 Obviously I think you are missing the point about the fact that it's the older storage heaters that will benefit from the afternoon boost which is why the tariff is being proposed, or did you not see the thread title?

  • Scot_39
    Scot_39 Posts: 3,189 Forumite
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    edited 3 December 2024 at 9:52PM
    The tariff in reality will work with at least some dual wired or single restricted feed wired.

    As in dual wired - the chances are that the off-peak will almost certainly be meter switched.

    What it might not work with very well is the Quantum, Elnur EcoHHR or any others - wired in single mode to 24/7 including for main charge - and using their own timers. 

    And as to what an adaptive charge alogirthm might make of it a la Qauntum, EcoHHR and others - thats another issue you'd probably have to ask the NSH manufacturers. 

    The FAQ wording of the 6 hr window, choosing your own charging profile etc - hopefully will be clarified by the details announced as goes live.


  • Scot_39
    Scot_39 Posts: 3,189 Forumite
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    edited 3 December 2024 at 11:35PM
    bob2302 said:
    bob2302 said:
    If you don't need the meter to do the switching, you should also look at Tomato's Lifestyle tariffs, they are cheaper all round and fixed switching times.
    Most people with storage heaters, especially older ones, will have the meter (or even an RTS) doing the switching (whether that be direct or via a contactor).
    The modern smart NSHs have two inputs and can work without it. It's not hugely rare.

    Most two input NSH - still rely on a restricted meter feed - for their main charge - and a lower powered 24/7 one - e.g. for fan or boost convection or heating element.

    The two inputs are not the same in most models I've looked at.

    Take Quantum 150 - the off peak input drives the 3.3 kW bank of main storage core heating elements, the 24/7 live input drives the controller, fan (about 10-15W combined) and the boost element (c1kW) when active.

    When you go single wired it drives everything.  Including the 3.3 kW charge elements - at the set times - regardless of meter tariff - so the times need to match off peak for actual meter to save.

  • Chrysalis
    Chrysalis Posts: 4,637 Forumite
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    edited 6 February at 10:35AM
    That's not bad, considering how bad the other non EV/HP tariffs have got.
    Shame its winter only though, another weird restriction added by Octopus to a tariff, although given their recent profit figures, it might have some justification, they could argue they are deliberately taking a hit on this tariff to help people with overnight heating costs.
    Waiting for Octopus to accept there is merits of cheap off peak for things not related to EV's and heating.
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