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Octopus Fixed Tariffs 2026

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Comments

  • UncleK
    UncleK Posts: 350 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper

    No, I don't have storage heaters. I do have a smart meter

  • Lorian
    Lorian Posts: 6,573 Forumite
    Twentieth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 1 March at 8:13PM

    Why are you on an economy 7 tariff? What heating do you have?

  • UncleK
    UncleK Posts: 350 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper

    We have a GSHP and UFH, plus solar panels and batteries. We end up using 86% of our electricity at the lower rate.

  • UncleK
    UncleK Posts: 350 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper

    Also, doesn't some of our gas come from Qatar, so via the Strait of Hormuz?

  • Lorian
    Lorian Posts: 6,573 Forumite
    Twentieth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 1 March at 8:48PM

    It quite possibly did.

    https://www.oxfordenergy.org/publications/closing-the-strait-of-hormuz-impact-on-the-global-gas-market/

  • UncleK
    UncleK Posts: 350 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper

    I have enough information to make the "fix now" decision. I've pressed the button and I get:

    Starts from 12:00 AM, 14th Apr 2026
    Electricity
    Day rate 28.96p per kWh
    Night rate 10.00p per kWh
    Standing charge 44.51p per day

    So I don't pay the higher rate in March which I somehow thought I was going to. I think I'm good and if a lower rate comes along I will jump on that.

    Thanks folks!

  • Lorian
    Lorian Posts: 6,573 Forumite
    Twentieth Anniversary 1,000 Posts Name Dropper Photogenic

    If rates come down someone should post here in theory so worth keep an eye out amongst the other chat.

  • UncleK
    UncleK Posts: 350 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper

    Absolutely - will do!

  • Alnat1
    Alnat1 Posts: 4,073 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper

    Have you had a look at the Cosy tariff for heat pumps? The cheap rate is around 14p and the times for this are 4-7am, 1-4pm and 10-12pm. This gives you 3 slots to fill up your battery.

    We usually manage 96-98% of use at cheap rate with this tariff

    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • QrizB
    QrizB Posts: 21,724 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper

    Have you had a look at the Cosy tariff for heat pumps?

    A nice idea, but with E7 at 10p/29p and 85% at the cheap rate, their composite rate is under 13p so Cosy with a 14p cheap rate will end up costing more.

    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
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