Basically won’t be fixed going forward and will be variable rate. Here is the email below. Good news is price has remained the same for me more or less. I’ve left my quoted prices in for those who are interested in switching to EV tariffs. This isn’t my main residence hence why the standard tariff is slightly cheaper.
We've worked hard within the rules of the scheme to develop new versions of Go and Intelligent Octopus that offer the best possible value to EV drivers and still make the most of cheap, green, abundant electrons. In short:
No more annual renewals: fixed-term contracts aren't eligible for the Energy Price Guarantee, so our smart tariffs will now technically be "variable" products, without an end date. Whilst we don't currently have any plans to change prices (either up or down), prices will eventually change — but we'll always give plenty of notice. If government rules change, or we get to the end of the Energy Price Guarantee, we may reintroduce fixed terms, if it means we can make EV charging cheaper.
Discounted public charging with Electric Universe: To help reduce the cost of driving your EV, we're now giving 8% off all public charging on Electric Universe for Intelligent Octopus customers. If you're already an Electric Universe customer, you don't need to do anything — this discount will apply automatically.
If you're not using Electric Universe yet, get access to over 300,000 public chargers, £10 free charging credit, and your 8% discount by logging in with your Octopus details here.
If you've not chosen another tariff by the end of your fixed term, you'll roll onto Flexible Octopus, our good value standard variable tariff. You'll find a full breakdown of prices and estimated cost below.
Good to know: With the Energy Price Guarantee, both Economy 7 and standard Flexible Octopus rates are better value than they have been for quite some time.
If you're exporting energy to the grid, it's worth checking whether you'd be better off combining Flexible and Outgoing Octopus, rather than Intelligent Octopus and the Smart Export Guarantee rates.
So what does it all cost?
Your current Intelligent Octopus prices
Peak unit rate: 39.35p / kWh
Off-peak unit rate: 7.50p / kWh
Standing charge: 44.48p / day
Estimated annual cost (electricity only): £571.59
We've based your estimate on your historical half-hourly usage pattern - that's 791 kWh during Intelligent Octopus peak times and 1,307 kWh during Intelligent Octopus off-peak times.
Your new Intelligent Octopus prices
Peak unit rate: 39.27p / kWh
Off-peak unit rate: 7.50p / kWh
Standing charge: 48.66p / day
Estimated annual cost (electricity only): £586.28
Flexible Octopus prices
Unit rate: 32.40p / kWh
Standing charge: 48.66p / day
Estimated annual cost (electricity only): £511.02
Good to know: Flexible Octopus isn't a smart tariff, so it's quoted slightly differently to Intelligent Octopus. This quote is based on the industry estimate for your home (1,029 kWh).
Love & power,
The Octopus Energy team
We've worked hard within the rules of the scheme to develop new versions of Go and Intelligent Octopus that offer the best possible value to EV drivers and still make the most of cheap, green, abundant electrons. In short:
No more annual renewals: fixed-term contracts aren't eligible for the Energy Price Guarantee, so our smart tariffs will now technically be "variable" products, without an end date. Whilst we don't currently have any plans to change prices (either up or down), prices will eventually change — but we'll always give plenty of notice. If government rules change, or we get to the end of the Energy Price Guarantee, we may reintroduce fixed terms, if it means we can make EV charging cheaper.
Discounted public charging with Electric Universe: To help reduce the cost of driving your EV, we're now giving 8% off all public charging on Electric Universe for Intelligent Octopus customers. If you're already an Electric Universe customer, you don't need to do anything — this discount will apply automatically.
If you're not using Electric Universe yet, get access to over 300,000 public chargers, £10 free charging credit, and your 8% discount by logging in with your Octopus details here.
If you've not chosen another tariff by the end of your fixed term, you'll roll onto Flexible Octopus, our good value standard variable tariff. You'll find a full breakdown of prices and estimated cost below.
Good to know: With the Energy Price Guarantee, both Economy 7 and standard Flexible Octopus rates are better value than they have been for quite some time.
If you're exporting energy to the grid, it's worth checking whether you'd be better off combining Flexible and Outgoing Octopus, rather than Intelligent Octopus and the Smart Export Guarantee rates.
So what does it all cost?
Your current Intelligent Octopus prices
Peak unit rate: 39.35p / kWh
Off-peak unit rate: 7.50p / kWh
Standing charge: 44.48p / day
Estimated annual cost (electricity only): £571.59
We've based your estimate on your historical half-hourly usage pattern - that's 791 kWh during Intelligent Octopus peak times and 1,307 kWh during Intelligent Octopus off-peak times.
Your new Intelligent Octopus prices
Peak unit rate: 39.27p / kWh
Off-peak unit rate: 7.50p / kWh
Standing charge: 48.66p / day
Estimated annual cost (electricity only): £586.28
Flexible Octopus prices
Unit rate: 32.40p / kWh
Standing charge: 48.66p / day
Estimated annual cost (electricity only): £511.02
Good to know: Flexible Octopus isn't a smart tariff, so it's quoted slightly differently to Intelligent Octopus. This quote is based on the industry estimate for your home (1,029 kWh).
Love & power,
The Octopus Energy team