Who are octopus energy
Octopus Energy are a UK based energy supplier, specialising in green energy. They supply dual fuel and electricity plans, offering a range of different smart tariffs, such as Octopus Go and Octopus Agile. Most importantly, their variety of unique energy services, allow the customer to take control of their energy. No matter which Octopus Energy tariff you choose, you will be supplied with 100% renewable energy. Although Octopus Energy is only 6 years old (established in 2015), it has been repeatedly rewarded the Which? Recommended Provider award. In order to take advantage of any Octopus Energy Tariff, you must have a Smart meter installed, to take half-hourly readings.
The main advantages of switching to Octopus Energy.
- There are no exit fees on tariffs.
- You are supplied 100% renewable energy.
- Octopus Energy come highly recommended: they are repeated winners of the Which? Recommended Provider award, and have great Google reviews.
- Octopus Energy supplies gas and electricity to Affect Energy, Co-operative Energy and M&S Energy customers.
- As of February 2021 the company had over 2 million domestic and business customers (they are a pretty big deal).
- You can receive £50 credit through our referral link.
- Another great advantage of switching to Octopus Energy, is that you can get your hands on a fluffy toy octopus, called Constantine.
Agile Octopus
Agile Octopus is a 100% green energy tariff offered by Octopus Energy (Since 2018), which allows customers to take advantage of “plunge pricing”. Now what does that mean exactly? Well, when more electricity is generated than consumed, energy prices fall, sometimes even below zero. This is because the National Grid is looking for suppliers to take that energy off the grid. What makes Agile Octopus unlike any other energy tariff, is the fact it takes advantage of dynamic energy pricing. This means that you will no longer pay a set rate for your electricity. Agile Octopus will alert its customers every time energy prices fall, so that they can shift their energy usage accordingly. For example, charging your electric vehicle during that particular time, or putting the dishwasher on.
By tracking wholesale energy prices every half hour, and as a customer monitoring this, you can simply adapt your lifestyle around getting cheaper electricity. There is a “peak” period between 4pm and 7pm where the rates are at their highest, so where possible customers should shift their energy usage outside of this period.
How does this effect the Renewable industry
If you own Battery Storage for your Solar Panels, or an Electric Vehicle, Agile Octopus is the perfect tariff. This is because, when the prices plunge, you can use these storage devices to take excess energy off the grid and effectively be paid to do so. This way you can store green electricity at a cheap rate, and use it when your home demands so.
Smart devices such as the Zappi EV Charger have an online portal that allows you to track the Agile Octopus prices, and automatically charge your electric car, or fill your battery storage accordingly. This can all be programmed by adding the API key into your smart devices.
The main advantages of switching to Agile Octopus
- Over the last 12 months, unit prices dropped below 2p/kWh 31 times.
- You can take control and responsibility of your own energy usage.
- You can receive £50 credit through our referral link.
Octopus Go
Octopus go is a future-proof smart tariff, designed especially so that electric drivers can charge up on affordable green energy. The rise of electric mobility is inevitable, and since a ban on new petrol and diesel cars by 2030 has been announced, finding an economical way to charge is essential. That’s where Octopus Go comes in.
Octopus Go works directly with any Smart EV Charger, for example the Zappi, to charge your car between 00:30 – 04:30 every night on cheap charge rates of 5p/kWh. This keeps your fuel cost around 1p per mile. That’s around a tenth of the price of filling up a traditional car. All you have to do is simply remember to plug-in your electric vehicle before bed. Octopus Go’s “peak” rate cost (hours outside 00:30 – 04:30) varies depending on your location in the UK, however it hovers around 14p/kWh mark, which is also a competitive flat rate. The Octopus Go tariff also work wells for those who have Solar batteries or storage heaters installed, as these can also be charged overnight at the cheaper rate.
If you would like to get a Smart EV charger installed, check out our range of EV chargers. Alternatively, get in touch with one of our team members by emailing enquires@deegesolar.co.uk.
The main advantages of switching to Octopus Go.
- Octopus Go charge is on average over 50% cheaper than typical Economy 7 night time rates (based on all Economy 7 tariffs as of June 2019.)
- Charge cheap at 5p/kWh every night between “off-peak” hours.
- You can charge your electric car for just £5 overnight.
- You can receive £50 credit through our referral link.
Switching to Octopus Energy
If you would like to switch electricity supplier to Octopus Energy, use the link below and receive £50 opening credit.
