What is octopus go?

Octopus Go is an electricity tariff, created for drivers to charge their electric cars. This kind of smart tariff passes on the benefits of the UK electricity market's wholesale prices, which are highly variable through the day.

Is Octopus go any good?

Octopus Energy has been a Which? Recommended Supplier for three years running, and has a whopping five stars on Trustpilot, with 92% of 32,000 reviewers rating it excellent (August 2020). Users have consistently praised the company's user-friendly, transparent information and its prompt customer service.

Does Octopus go need a smart meter?

No, you don't have to have a smart meter installed. We heartily recommend you do, though, as they'll save you a lot of time and hassle, and can even help you use less energy and at cheaper times.

How long is Octopus go fixed for?

Octopus Go is a fixed tariff, with your daily standing charge, quoted day rate per kWh and 7.5p night rate (for 4 hours starting 00:30) fixed for 12 months. By taking Octopus Go, you agree to us using half-hourly consumption data collected from your smart meter to bill you.

How do you get on Octopus go?

Octopus Go is the first tariff of its kind. To switch you onto it, we'll need half-hourly readings from your SMETS2 or “Secure” branded SMETS1 smart meter. Because Octopus Go is an electricity only tariff, when you switch to it your gas tariff will stay the same. You can change it at any time.

OCTOPUS GO FOR EV DRIVERS REVIEW | How much do you REALLY SAVE?

Do you need an electric car for Octopus go?

Our Octopus Go Tariff is designed for customers who either own or long-term lease a battery electric vehicle or a plug-in hybrid vehicle that they'll be charging at home, so you need one to join.

What are the rates for Octopus go?

Octopus Go is an electricity tariff with a bonkers cheap 7.5p / kWh rate for four hours every night (between 00.30 and 4.30am). It was designed with EV-angelists in mind, because those sweet four hours let drivers charge up while they're asleep, and keep fuel costs close to 2p per mile.

Are EV tariffs worth it?

EV tariffs from EDF and the Octopus Energy's 'Go' usually come out better than the current price cap for many EV drivers, despite higher 'peak' or daytime rates, but EV tariffs might not offer the best value if you have high use in your home that you can't shift off-peak or if you're doing only low mileage in your ...

Is Octopus go tariff Ending?

"Your fixed term on Octopus Go will come to an end on Apr 17 2022. You can renew for another 12 months, with just a few taps in your online account.

What is the cheapest tariff with Octopus Energy?

Octopus 12m fixed:

It is also the supplier's cheapest available tariff.

Do smart meters need wifi?

No. Smart meters use an entirely separate, bespoke wireless system. You don't need Wi-Fi in your home for it to work and it won't use your Wi-Fi if you have it. Your smart meter and in-home display communicate via a secure national network which is solely for smart meters.

Can my energy supplier insist I have a smart meter?

In short, no. Energy companies must take “all reasonable steps” to install smart meters in their customers' homes, and while the Government and regulators believe they are a good idea for consumers, they are on record as stating that there is no obligation to have one installed.

Which is the best electricity supplier in UK?

Which is better Octopus agile or Octopus go?

Go has a very cheap daily 4 hour period through the night but then has conventional fixed pricing for the rest of the day. Agile is usually much cheaper than Go from 04:30 am to 4pm, but then has the higher cost 4pm to 7pm peak period.

Will Octopus Energy go bust?

Is Octopus safe from collapse? Octopus founder Greg Jackson has reassured customers on Twitter. Responding to a question about whether the firm was at risk, he said: “No – as a global, very well backed company we're fine but plenty more are not.

Should I fix my energy prices until 2023 UK?

If your fixed price deal is about to expire, you will likely have noticed a large increase in your renewal prices. In certain situations it means that fixing your energy prices to 2023 is the wrong choice. However, it may be beneficial to fix your energy prices now to avoid future price cap increases.

Is it cheaper to charge car overnight?

Although the upfront cost of an electric vehicle is often higher, EVs can be cheaper to run, due to the lower cost of electricity compared to petrol or diesel. Recharging at home (overnight) will normally result in the greatest cost savings.

What is the cheapest way to charge an EV?

Potentially the cheapest way to charge away from home is to use the Zap-Home and Zap-Work network of chargers; the former are at EV owners' homes and the latter on the premises of small businesses.

Are octopus energy taking new customers?

New customers who switch to Octopus can choose its Flexible tariff to pay less than the price cap, and will automatically qualify for the Loyal Octopus support. If you are affected, you will be sent an email from the supplier explaining what the cost difference means to your bills.

Why are Octopus agile prices so high?

Agile prices were bit higher than usual between 4-7pm demand peak due to low wind power generation. The fairly hefty 'peak' price for a few half-hour slots today was down to a few factors. As the wind isn't blowing, we're low on wind power.

Is it cheaper to use electricity at night octopus energy?

This means you pay less for any energy you use at night (usually between 12:00am and 7:00am) and more for energy used during the day (usually between 7:00am and 12:00am).

Should I switch energy supplier?

Switching energy is easy. It's the same pipes, gas, meter and safety – you don't lose supply – the only difference is price and customer service. Yet with the energy market in crisis, there's currently nothing meaningfully cheaper than the price cap, so for most it won't be worth switching right now.