I recently switched to octopus Go. Before making the switch I downloaded my half hourly usage from octopus, and looked at the electricity I use at night already and then I looked at how much I charge.
I thought I would start saving if I charged more than 50 kWh a month. Which I do.
Except In terms of convenience and usage pattern, it would only make sense if I had a 7kW charger, which I don’t. And I therefore switched back to flexible Octopus.
Installing a 7kW charger does not financially make sense right now and from the research I’ve done, adds nothing to the value of the house if I were to sell in the next couple years.
They day rates are coming down further from 1st July.
Rates per kWh:
Flexible octopus now: 24.66p
Not sure about cheaper night time rate as it is more expensive during daytime and my charging times at night are only likely to be less that 6 hours monthly because of low mileage. I think it will be cheaper to stay on standard rate for 24 hours than change to intelligent Octopus GO. Any thoughts on this please?
9p 12.30am to 4.30am
Flexible Octopus from 1 July: 22.49p