Octopus RATE change PRICE DOWN since this video release will be applied to NEW and EXISTING customers! Unit rate (04:30 - 00:30): 39.48p/ kWh Unit rate (00:30 - 04:30): 9.50p/ kWh Standing Charge: 49.77p/ day
Another very informative and helpful video Nic! I have solar panels (5.6kW), a myenergi Zappi for charging my Kona 64kW EV and last summer installed 10kW of home battery storage. I am currently on an Octopus 2-year fixed rate deal, which I moved to in September 2021, just before energy costs rose dramatically. The tariff is based on Economy 7, so I pay the lower rate between 00:30 and 07:30 every day. I charge my EV (I do about 10,000m a year) and home batteries as much as I can using solar. During the peak solar generation period (generally beginning of April to end of October) I rarely have to charge the car or battery storage on Economy 7. This is giving me the lowest energy cost for half the year. I do still export a fair amount of solar to the grid though, so will be adding a further 5kW of battery storage just as soon as my installer can actually get hold of one. During the winter months there is of course far less solar, so I often need to charge the EV on Economy 7. I've just gone through my first winter since installing the home batteries and I have been able to charge them to full every night during the Economy 7 period. This means I start each day with fully charged batteries and use any solar generated to power the house, keep the batteries topped up, or export to the grid. My inverter allows me to choose when I want to fully charge the batteries (if required) using Economy 7. Once I've got the additional battery I'll just leave it set like this all year round. I am looking to avoid using anything from the grid during the peak rate period.
I’ve been on Go for 2 years and not touched the peak rate once during that time - solar and battery storage is powering my house, all at off-peak rates. [I export very little]
Hi I have 15kw of battery and no solar use very little peak rate electricity all done on go can’t fault it never expected to get my money back but due to the current rates will be seeing a return in about 3years unit works faultlessly
I agree. Intelligent octopus is a far better option and is currently offering a six hour overnight tariff at 7.5p/kWh, (Seeboard area) and 41p/kWh peak plus additional times as required for charging. I would wave a red flag about smart chargers, which could be taxed by the government as the legislation was brought in from mid-2021. Our use of Tesla PowerWall, the shift daytime consumption to the off-peak rate.
Great video Nick- what about us with solar only (I have 8kWp array) and no battery/EV to charge (there's a large group of people out there with just solar)? I am a heavy electricity user and am about to make the jump to Octopus (using your link) and wonder if the "Flexible Octopus" tariff is the way to go? I still claim the old FiT and cannot see that any of the Octopus export tariffs are more economical than keeping the old FiT and the Flexible Octopus tariff? I welcome your comments and look forward to your next videos
Depends on which version of fit your on to be honest. Some fit are assumed export and at very high rates in which case you can keep that export with its supplier and bring your import to octopus. Some fits are meter'd and less good on the export rate so you might be better on Octopus Flux. It also matters how much your IMPORTING still. See the playlist file of octopus deals so far but FLUX might be best depending on how much and when you import. Thanks for considering using my referral link MEANS a lot and really helps give me motivation to research all this as much as I can
So basically this video was an advert for Octopus Go at 120 off peak for 4 hours. Why not compare it to British Gas EV rate 12p for 5 hours between 00:00 hrs and 05:00. Surely using you average that is far cheaper in that you can get an additional 25% of time over Octopus Go for the same price?
@@NicolasRaimo Yet the title of his video is "Is this the way Cheapest Way to charge Batteries? Well the answer is No, irrespective of whether British Gas is 100% environmental or not, which we know it isn't. Octopus Go is NOT the cheapest way to charge batteries.
GO is now cheaper for NEW and Existing customers price drop for BOTH Unit rate (04:30 - 00:30): 39.48p/ kWh Unit rate (00:30 - 04:30): 9.50p/ kWh Standing Charge: 49.77p/ day
What bo you think about octopus intelligencent with 11.30 pm to 5.30 am tariff, which we currently using before battery purchase maybe . I’m still not able to receive £100.00 bonus , this is not showing in my bill. Love info thank you very much Robert
You mean the signup bonus? It’s 100 split between both parties so £50 each… you also had to be a new octopus customer and used or given them my link if you are new they sometimes will apply it if you ask them via email however if you were already an octopus customer sadly it won’t apply
One thing to watch if you are trying to maximise the use of cheap overnight energy on GO is that you have an appropriate size of main fuse fitted. With a 60A fuse on a single phase supply you can easily exceed the maximum 14 kW draw. Car charging plus battery charging plus a couple of kitchen appliances is more than 14 kW so an upgrade to a 100A fuse would be advisable. Your installer should have sorted this - mine didn't.
And your DNO might try and charge you for this (ours did, cheeky!), but IMO they shouldn't if your main fuse hasn't been updated for decades, as a matter of principle. Ours was the original 1930s bitumen-filled 60A which had evidence of historical overheating (bitumen leakage; 200m2 house) so I argued it was unsafe. The engineer agreed and upgraded to 100A for free 👍
It changes very quickly I have 10kh battery and 3k8 of solar, over the winter 6 months exported very little and diverted very little into my EV. We are now in the first week of April and I've put 60kw into the car and met 85% of my house requirement from solar. I have got octopus go but need it now but will keep in case we have some bad weather
What would you call too much solar? You might have just enough to cover your winter use but far too much in summer…. Or you deemed having an extra 5 panels would pay for it self in export payback…
Really useful video. I’ve just got solar + batteries + EV + PHEV and Go is great for us. On days when it is dark and cloudy, I fill the home batteries with Go overnight, when the weather is better, I just charge the EV & PHEV with Go
Octopus RATE change PRICE DOWN since this video release will be applied to NEW and EXISTING customers!
Unit rate (04:30 - 00:30):
39.48p/ kWh
Unit rate (00:30 - 04:30):
9.50p/ kWh
Standing Charge:
49.77p/ day
Any idea when this should show up? My quotes are still giving me 12p off peak.
Now updated since midnight.👍
Another very informative and helpful video Nic!
I have solar panels (5.6kW), a myenergi Zappi for charging my Kona 64kW EV and last summer installed 10kW of home battery storage. I am currently on an Octopus 2-year fixed rate deal, which I moved to in September 2021, just before energy costs rose dramatically. The tariff is based on Economy 7, so I pay the lower rate between 00:30 and 07:30 every day.
I charge my EV (I do about 10,000m a year) and home batteries as much as I can using solar. During the peak solar generation period (generally beginning of April to end of October) I rarely have to charge the car or battery storage on Economy 7. This is giving me the lowest energy cost for half the year. I do still export a fair amount of solar to the grid though, so will be adding a further 5kW of battery storage just as soon as my installer can actually get hold of one.
During the winter months there is of course far less solar, so I often need to charge the EV on Economy 7. I've just gone through my first winter since installing the home batteries and I have been able to charge them to full every night during the Economy 7 period. This means I start each day with fully charged batteries and use any solar generated to power the house, keep the batteries topped up, or export to the grid.
My inverter allows me to choose when I want to fully charge the batteries (if required) using Economy 7. Once I've got the additional battery I'll just leave it set like this all year round. I am looking to avoid using anything from the grid during the peak rate period.
I’ve been on Go for 2 years and not touched the peak rate once during that time - solar and battery storage is powering my house, all at off-peak rates. [I export very little]
What batteries are you using?
Hi I have 15kw of battery and no solar use very little peak rate electricity all done on go can’t fault it never expected to get my money back but due to the current rates will be seeing a return in about 3years unit works faultlessly
Am on battery only for this testing and it’s impressive
nifty new "teleprompter" setup Nick! 😉
(even desk and joystick are gone)
Same setup I’ve used for a year… less teleprompter more monitor with script on ;) joystick I think is just out of shot
i charged my EV today from mt solar through the Zappi , Does that count as Generation ?
I always overestimate my battery charging on go so my car charges during the day on solar, this is good in winter but flux looks better for summer
I agree. Intelligent octopus is a far better option and is currently offering a six hour overnight tariff at 7.5p/kWh, (Seeboard area) and 41p/kWh peak plus additional times as required for charging.
I would wave a red flag about smart chargers, which could be taxed by the government as the legislation was brought in from mid-2021.
Our use of Tesla PowerWall, the shift daytime consumption to the off-peak rate.
Great video Nick- what about us with solar only (I have 8kWp array) and no battery/EV to charge (there's a large group of people out there with just solar)? I am a heavy electricity user and am about to make the jump to Octopus (using your link) and wonder if the "Flexible Octopus" tariff is the way to go? I still claim the old FiT and cannot see that any of the Octopus export tariffs are more economical than keeping the old FiT and the Flexible Octopus tariff? I welcome your comments and look forward to your next videos
Depends on which version of fit your on to be honest. Some fit are assumed export and at very high rates in which case you can keep that export with its supplier and bring your import to octopus. Some fits are meter'd and less good on the export rate so you might be better on Octopus Flux. It also matters how much your IMPORTING still. See the playlist file of octopus deals so far but FLUX might be best depending on how much and when you import. Thanks for considering using my referral link MEANS a lot and really helps give me motivation to research all this as much as I can
So basically this video was an advert for Octopus Go at 120 off peak for 4 hours. Why not compare it to British Gas EV rate 12p for 5 hours between 00:00 hrs and 05:00. Surely using you average that is far cheaper in that you can get an additional 25% of time over Octopus Go for the same price?
Am an environmental channel, British Gas isn’t renewable energy for a start…
@@NicolasRaimo Yet the title of his video is "Is this the way Cheapest Way to charge Batteries? Well the answer is No, irrespective of whether British Gas is 100% environmental or not, which we know it isn't. Octopus Go is NOT the cheapest way to charge batteries.
@@SimonFranklin-wr9yu the video is an open ended question not a statement that’s how titles on RUclips attract viewers
GO is now cheaper for NEW and Existing customers price drop for BOTH
Unit rate (04:30 - 00:30):
39.48p/ kWh
Unit rate (00:30 - 04:30):
9.50p/ kWh
Standing Charge:
49.77p/ day
What bo you think about octopus intelligencent with 11.30 pm to 5.30 am tariff, which we currently using before battery purchase maybe . I’m still not able to receive £100.00 bonus , this is not showing in my bill.
Love info thank you very much Robert
You mean the signup bonus? It’s 100 split between both parties so £50 each… you also had to be a new octopus customer and used or given them my link if you are new they sometimes will apply it if you ask them via email however if you were already an octopus customer sadly it won’t apply
great video I have solar panels and batteries but what is the best tariff for my export?
How much you importing and exporting? Have a look at my flux video
@@NicolasRaimo dont know the figures but since mid-April my batteries were full I have 3 X photo electric which is 7.2 KWh total
If you just have a battery, no solar or EV what would be the best Tariff?
Maybe flux or standard eco 7
@@NicolasRaimo Thank you
The same applies to households that can't get a working smart meter installed. You are stuck with much higher tariffs on Economy 7
Did you see the FLUX video? you with octopus now?
@@shortbits23 That's good to know, thanks
One thing to watch if you are trying to maximise the use of cheap overnight energy on GO is that you have an appropriate size of main fuse fitted. With a 60A fuse on a single phase supply you can easily exceed the maximum 14 kW draw. Car charging plus battery charging plus a couple of kitchen appliances is more than 14 kW so an upgrade to a 100A fuse would be advisable. Your installer should have sorted this - mine didn't.
Great point
And your DNO might try and charge you for this (ours did, cheeky!), but IMO they shouldn't if your main fuse hasn't been updated for decades, as a matter of principle. Ours was the original 1930s bitumen-filled 60A which had evidence of historical overheating (bitumen leakage; 200m2 house) so I argued it was unsafe. The engineer agreed and upgraded to 100A for free 👍
@@Adeleisha My DNO (SP Energy Networks) upgraded my fuse for free. It took a while though...
if you have solar and still exporting without any overnight charging then you have too much solar or not enough battery
It changes very quickly I have 10kh battery and 3k8 of solar, over the winter 6 months exported very little and diverted very little into my EV. We are now in the first week of April and I've put 60kw into the car and met 85% of my house requirement from solar. I have got octopus go but need it now but will keep in case we have some bad weather
What would you call too much solar? You might have just enough to cover your winter use but far too much in summer…. Or you deemed having an extra 5 panels would pay for it self in export payback…
That may be true for part of the year, but you don’t spec your solar only for April to September
Really useful video. I’ve just got solar + batteries + EV + PHEV and Go is great for us. On days when it is dark and cloudy, I fill the home batteries with Go overnight, when the weather is better, I just charge the EV & PHEV with Go
Go is deffo cheaper (wo export)
Hi
I need your address I want to bring my car to you because brakes doesn’t work
You what?