EDF FreePhase Dynamic Tariff

decentchap100

https://forums.moneysavingexpert.com/discussion/comment/81883144#Comment_81883144

There should be a fall due to measures announced in the last budget I would think.
I have it in my head that around a 3p reduction per kW/h was forecast for a typical standard tariff, not sure how that will be reflected in this kind of tariff.

tlcgrantham

https://forums.moneysavingexpert.com/discussion/comment/81886709#Comment_81886709

I hope you’re right with a 3p per kWh reduction that would make £120 or so difference to me as I use over 4000kwh per year. They could do this through the formula, reduce the Standing Charge or both. Octopus Agile formulas could also change.

bristolleedsfan

https://forums.moneysavingexpert.com/discussion/comment/81754109#Comment_81754109

£75/£100 back on until 6th April.

tlcgrantham

On Feb 18th EDF produced a forecast for the next 12 months for FreePhase Dynamic Unit Prices

Green 13.26per kWh Amber 16.30 per KWh Red 28.15 per kWh

Presumably the above predictions for East Midlands region is taking into account the reduction in unit prices promised for April.

bristolleedsfan

Fab Sunday 😀 North West Region

Newbie_John

https://forums.moneysavingexpert.com/discussion/comment/81892633#Comment_81892633

I like how this prediction differs from the static version, which is about 30% more expensive. If these rates were on static I'd happily switch today :) Saying that, I will wait till April to see how other ToU tarriffs get affected by supposedly lower prices.

tlcgrantham

The static version of FreePhase is unchanged for now at.

Green 16.85p

Amber 21.71p

Red 35.46p

Both are Free when the Wholesale price is zero or negative

Dynamic previous estimates were

Green 14.47p ( now 13.26p )

Amber 18.55p ( now 16.30p)

Red 31.47p ( now 28.15p )

bristolleedsfan

Super Sunday going into extra time. 😀(North West)

The_Groat_Counter

I find the EDF Freephase Dynamic tariff interesting, and I've been glancing at the daily rates.

With there only being three price bands (the red, amber and green), it perhaps just feels like a more 'user friendly' version of the Octopus Agile tariff.

With such a simplification I suppose some pricing nuance is also lost, but I wonder if Freephase is maybe just a more attractive or digestable way of presenting a time-of-use tariff to many potential customers?

Newbie_John

It can be cheaper than Agile, the edge time slots like 5:30, 15:30, 19;00 etc. are cheaper - you lose though the lower values due to averaging.

But you don't have to calculate how many hours from now for the dishwasher to kick off to hit that perfect timing :)

I've been watching this tarrif for the past few months and while still on Agile it's only really been 5-10% cheaper.. I will soon reach the point of not being able to justify all that hassle 😅