Octopus free electricity looks to of apeared today. Any thoughts. Basicaly the exact oposite of the saving sessions wanting you to use more for the period. You will get a credit to cover the price of any extra you use.
The biggest problem with regional pricing is that the regions created by generation and transmission bottlenecks do not line up with the retail regions. Of course it is solvable, but not a simple application of using the current retail regions.Greg has said numerous times that all regions will be cheaper than the current prices as the current prices are kind of 'hedged' to ensure they get enough to cover the generation. So London will be more expensive than other areas, but that might just convince them to get their own renewables. I dont think the delta will ever be huge as that would justify some chunky HVDC links to where it is expensive and that would then equalise it somewhat.
I did well 🤣🤣 7 hours max charging car got 5p. Think in my case I will give up on IOG. Not part of my charging plan so full priceOctopus continues to pay these credits between 8 and 9 days after the event. Much quicker than the 14 days advised.
Just had ÂŁ1.97 from the 5th 1-hour free electricity slot from the 10-Sep (credit balance updated today, credit payment date of yesterday).
Unless they use some other measure you don't need to wait for the bill you can either divide the 285 pence (in my case) by 22.28 (that's my daytime rate in Yorkshire, yours may differ depending where you are) and I used 12.79kWh and that more or less tallies with the Octopus dashboard for 10 September it says I used 12.772kWh in that hour.ÂŁ2.56 which is the most I have managed. I want to see the bill when it comes as Intelignet had scheduled the van to charge then so there may be a real proffit!
I can see where you are coming from.I know how much I used and the rate they have refunded me at. What I don't know is the rate the will bill me at. I have not had an IOG bill yet as only on it for a while but I presure there will be a breakdown as to which slots are billed at which rate. I have been refunded at the full day rate but as it was an IOG slot I would expect to be billed at the cheap rate. So basically they are messing up to my advantage.
The effective price should be zero whichever rate they credit you at, shouldn't it?In this way, I am expecting that it will be at the normal day rate for the 1-hour rather than at the IOG off-peak rate because of the IOG slot allocation.
The 1 hour is a delta to what you normally use over a 10-day (or 4 weekends) average, so not necessarily. So you get the 'free' electricity based on that delta.The effective price should be zero whichever rate they credit you at, shouldn't it?
Which would you prefer?The 1 hour is a delta to what you normally use over a 10-day (or 4 weekends) average, so not necessarily. So you get the 'free' electricity based on that delta.
But how much they credit you will be whatever that kWh delta is at whatever rate Octopus defines for your tariff.
For me, if they do this at the day rate that is 24.4503p/kWh presently, whereas if they consider it was an IOG slot then that would be 7p/kWh.
If I have say a delta of 10kWh it could be either ÂŁ2.45 or ÂŁ0.70 so quite a marked difference.
I can see it makes no odds, but if I had a preference it would be option A.Which would you prefer?
Option A: being billed ÂŁ2.45 with a ÂŁ2.45 rebate, or
Option B: being billed ÂŁ0.70 with a ÂŁ0.70 rebate?
I did get this extra advantage on the first one back in August. I left the car on the Ohme defaulting to a solar +0% while out. When this is actively charging, the max charge button is lost, so I had to up the scheduled percentage to get the button back. I was billed at 7p per kWh, but rebated based on 24.45p.I have been refunded at the full day rate but as it was an IOG slot I would expect to be billed at the cheap rate. So basically they are messing up to my advantage.
I had an ingesting similar experience. Smart charging was disabled (via HomeAssistant automations) but I got a notification via HA to say it was an IO slot. So will need to see if they charged at 7p and repay at 23p or what. They didn't create a schedule but API said it was a IO slot 🤷‍♂️I want to see the bill when it comes as Intelignet had scheduled the van to charge then so there may be a real proffit!
I have the email, but I can't see the session announced on their website... anyone else?There's a free hour tomorrow but having been stitched up last time when I used a load of power but they rewarded me a few pence stating it was an average as they had no meter readings (they bloody did) I'm thinking I'll just schedule a charge which encompases the hour so I'll be paying the 7p rate, if they reimburse me 50p or more great but if they muck about again I won't have used loads of power at the higher rate.
Looks to be largely overcast tomorrow so no weighing up the odds of losing export income but I'm still owed from previously not exporting so might dump the entire battery in the evening to catch up to where I'd have been if not enticed by their kind offer (which they reneged on). Well almost all of it.
1-2 as usual.
Gaz