Octopus energy company. Anyone use 'em?
Discussion
MrJuice said:
tracker prices seems to be edging ever close to the capped rates
there's still a decent gap but the best days seem to be behind us
Agile if you can avoid the 4pm to 7pm peak costs.there's still a decent gap but the best days seem to be behind us
So far for April 327kWh has cost me £25 unit cost on Agile, but that would have been £44 on Tracker, or even £63 on Intelligent - 8p/kWh is not bad (and that is without solar, battery, or any of that shenanigans).
Anyone know if you can pay for the energy you use rather than by direct debit in advance?
In November I was able to reduce my direct debit to £20 a month to start running down the huge balance they like to award themselves. I paid in 20, used 90, balance was reduced by 70 each month.
This time of year I pay 20, use 50, balance reduced by 30 each time. So I have 2 months+ in reserve for upcoming summer months
My balance now 82 quid and they have automatically put my DD up to 60+ with dire warnings. It won’t let me reduce it below 46. But I don’t want to start filling their coffers back up
Any advice for anyone that’s done similar?
In November I was able to reduce my direct debit to £20 a month to start running down the huge balance they like to award themselves. I paid in 20, used 90, balance was reduced by 70 each month.
This time of year I pay 20, use 50, balance reduced by 30 each time. So I have 2 months+ in reserve for upcoming summer months
My balance now 82 quid and they have automatically put my DD up to 60+ with dire warnings. It won’t let me reduce it below 46. But I don’t want to start filling their coffers back up
Any advice for anyone that’s done similar?
Now the UK's largest electricity supplier - 22% market share after 8 years
https://www.energylivenews.com/2024/04/30/octopus-...
Don't remember British Gas ever giving me free coffee. Well done Octopus! Don't screw it up
https://www.energylivenews.com/2024/04/30/octopus-...
Don't remember British Gas ever giving me free coffee. Well done Octopus! Don't screw it up
CoolHands said:
Anyone know if you can pay for the energy you use rather than by direct debit in advance?
In November I was able to reduce my direct debit to £20 a month to start running down the huge balance they like to award themselves. I paid in 20, used 90, balance was reduced by 70 each month.
This time of year I pay 20, use 50, balance reduced by 30 each time. So I have 2 months+ in reserve for upcoming summer months
My balance now 82 quid and they have automatically put my DD up to 60+ with dire warnings. It won’t let me reduce it below 46. But I don’t want to start filling their coffers back up
Any advice for anyone that’s done similar?
You contact them and ask to be put on a variable direct debit.In November I was able to reduce my direct debit to £20 a month to start running down the huge balance they like to award themselves. I paid in 20, used 90, balance was reduced by 70 each month.
This time of year I pay 20, use 50, balance reduced by 30 each time. So I have 2 months+ in reserve for upcoming summer months
My balance now 82 quid and they have automatically put my DD up to 60+ with dire warnings. It won’t let me reduce it below 46. But I don’t want to start filling their coffers back up
Any advice for anyone that’s done similar?
Then you only pay for the energy that you get charged for on the bill whilst also paying by direct debit.
CoolHands said:
Anyone know if you can pay for the energy you use rather than by direct debit in advance?
In November I was able to reduce my direct debit to £20 a month to start running down the huge balance they like to award themselves. I paid in 20, used 90, balance was reduced by 70 each month.
This time of year I pay 20, use 50, balance reduced by 30 each time. So I have 2 months+ in reserve for upcoming summer months
My balance now 82 quid and they have automatically put my DD up to 60+ with dire warnings. It won’t let me reduce it below 46. But I don’t want to start filling their coffers back up
Any advice for anyone that’s done similar?
Just be mindful that sometimes smart meter billing is sporadic at best. You could go 3 months without an electricity bill, easily.In November I was able to reduce my direct debit to £20 a month to start running down the huge balance they like to award themselves. I paid in 20, used 90, balance was reduced by 70 each month.
This time of year I pay 20, use 50, balance reduced by 30 each time. So I have 2 months+ in reserve for upcoming summer months
My balance now 82 quid and they have automatically put my DD up to 60+ with dire warnings. It won’t let me reduce it below 46. But I don’t want to start filling their coffers back up
Any advice for anyone that’s done similar?
colin79666 said:
pingu393 said:
How often do we get the free coffee? I had one at Gregg's on Saturday, but the QR code was rejected on Sunday.
You have to claim it again the following week and get a new QR code. Unclear if a week resets on a Sunday or a Monday. 
You can't switch to Octopus straight on the Tracker or Agile tariffs, you need to switch to a Flexible and set your smart meter to half hourly readings. Once that's working, just email Octopus and ask them to move you over. There's no waiting list to get on the tariff but you must have a half hourly smart meter operational.
Octopus generally aren't particularly quick at installing smart meters. It can be quicker to get the existing supplier to do this if it's one of the big players like British Gas or eon who do their own installs.
Octopus generally aren't particularly quick at installing smart meters. It can be quicker to get the existing supplier to do this if it's one of the big players like British Gas or eon who do their own installs.
Question for those who export energy - do you have one Octopus account or two?
We started as an exporter only (while our consumer contract ran its length) - so we had an account for that. We've now signed up as a consumer with Octopus as well but they insist we keep two accounts. This means we cannot join in with the savings sessions properly as we cannot export at the crazy rates.
Any ideas?
We started as an exporter only (while our consumer contract ran its length) - so we had an account for that. We've now signed up as a consumer with Octopus as well but they insist we keep two accounts. This means we cannot join in with the savings sessions properly as we cannot export at the crazy rates.
Any ideas?
quinny100 said:
Octopus generally aren't particularly quick at installing smart meters. It can be quicker to get the existing supplier to do this if it's one of the big players like British Gas or eon who do their own installs.
I have done about four swaps to Octopus... in all cases the meters were installed (when required) within a few weeks.I suspect it depends where you are in the country.
Puggit said:
Question for those who export energy - do you have one Octopus account or two?
We started as an exporter only (while our consumer contract ran its length) - so we had an account for that. We've now signed up as a consumer with Octopus as well but they insist we keep two accounts. This means we cannot join in with the savings sessions properly as we cannot export at the crazy rates.
Any ideas?
All on one account, but I have a Tesla PW2 that won't export to the grid.We started as an exporter only (while our consumer contract ran its length) - so we had an account for that. We've now signed up as a consumer with Octopus as well but they insist we keep two accounts. This means we cannot join in with the savings sessions properly as we cannot export at the crazy rates.
Any ideas?
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