OVO EV Tariff, how’s does it work?

OVO EV Tariff, how’s does it work?

Author
Discussion

TheBinarySheep

Original Poster:

1,102 posts

51 months

Saturday 25th March 2023
quotequote all
I’ve noticed that OVO have a charge anytime EV plan where you can charge your car for 10p per kw.

Can someone explain how this works please?

Is it always 10p or does it vary depending on the time of the day?

I’ve looked at other EV tariffs, but as we are a low EV user, the peak time usage negates any savings we make charging during the night.

raspy

1,469 posts

94 months

Saturday 25th March 2023
quotequote all
TheBinarySheep said:
I’ve noticed that OVO have a charge anytime EV plan where you can charge your car for 10p per kw.

Can someone explain how this works please?

Is it always 10p or does it vary depending on the time of the day?

I’ve looked at other EV tariffs, but as we are a low EV user, the peak time usage negates any savings we make charging during the night.
Surely their website explains how it works?

https://www.ovoenergy.com/electric-cars/charge-any...

Puzzles

1,825 posts

111 months

Saturday 25th March 2023
quotequote all
I’m considering it, seems to get positive feedback.

TheBinarySheep

Original Poster:

1,102 posts

51 months

Saturday 25th March 2023
quotequote all
raspy said:
Surely their website explains how it works?

https://www.ovoenergy.com/electric-cars/charge-any...
I probably should have worded my question differently.

Does your standard rate stay the same? and if so, how are they able to offer 10p per kw while also keeping your standard rate the same? It seems like a no-brainer vs other EV tariffs.

Does anyone use the tariff, what's their experience?

plfrench

2,367 posts

268 months

Saturday 25th March 2023
quotequote all
Funnily enough, just started using it for the first time today.

It works by them crediting your account back for the difference between your usual tarriff and the 10p/kWh for any 'Anytime' charge delivered. Made 33p so far today (since about 11am when I got the apps hooked up) biggrin

Basically, the compatible car's app and the Ovo Anytime app triangulate with one another to establish when the car is charging at your home location and therefore how much of the electricity provided is for the car and attracts the lower rate.

Ovo are monitoring the demand levels and deem when to provide charge.

You set the minimum amount of charge you want to keep in your battery at any time when plugged in up to 50%. So, if you plug in and the car has 45% it will instantly start charging (at standard rate unless you're lucky and it happens to be at a cheap period when you plug in) till it gets to the 50% and then will stop and wait till a cheap spot. You also set a departure time on the app, say 7am. The app will ensure that you are charged to the 'full' level you set (up to 100%) by the time the departure time arrives, maximising the use of 'Anytime' 10p/kWh where it can.

Seems to work well so far. Very interesting insight into where the whole balanced grid is going. Energy companies can jettison 'excess' energy that might have gone to waste, particularly when we have more renewables than today and it's a windy night for example.

I guess the others will follow soon - but it's a sign of where EV electricity costs will be going with our move away from fossil fuels.

My wife's Born is averaging 3.7m/kWh, so on Anytime including VAT, that's 2.83 pence per mile.

Big Nanas

1,347 posts

84 months

Saturday 25th March 2023
quotequote all
TheBinarySheep said:
I probably should have worded my question differently.

Does your standard rate stay the same? and if so, how are they able to offer 10p per kw while also keeping your standard rate the same? It seems like a no-brainer vs other EV tariffs.

Does anyone use the tariff, what's their experience?
There's another thread explaining this, but I'll add my experiences here, also.
I've been using this for two months or so, and it's been very good indeed.
This is a tariff 'add-on' and so your standard tariff remains the same.

You don't need a smart charger, but you will need to have a compatible car. We have an old Polar charger, but our TVs (i3s and Mini EV) are smart, so the app can talk to the car directly.
You set how much charge you want, and when you want to 'depart' by, and the app will tell the car when to charge, ensuring that it's using energy when it's at its greenest.

We haven't had any issues with this, and the app has a handy 'how much you've saved' tab.

plfrench

2,367 posts

268 months

Monday 27th March 2023
quotequote all
Bit of an update - it's great!

My wife does 2 x 74 mile round trips every Mon, Wed and Thurs in her 58kWh Born. Today was the first day of using Ovo Anytime. She set off fully charged this morning. She got home about 11:30 and plugged in with 140 miles left showing (62%).

This would have been plenty for her to do the other 74 mile round trip this afternoon, so she just plugged it in and left it to be 'Smart'. It popped in 11kWh (taking her up to 188miles) of charge between 11:30 and about 3pm when I looked wasn't expecting that much cheap rate during the day, I assumed it would be mainly available overnight. At this rate she'll be able to run exclusively on 10p/kWh electricity all without any impact on the household tarriff which is completely separate. Impressed so far biggrin

TheBinarySheep

Original Poster:

1,102 posts

51 months

Thursday 30th March 2023
quotequote all
We've switched to OVO and started using Smart Charging yesterday.

I work at home, so I left it plugged in all day and all night.

I started with around 45% battery, and it put 11kw into the car until midnight last night. Then today so far it's put in 15kw.

We're currently using a granny charger while we're waiting for a charger to be installed next week. I know charging is slow anyway, but for some reason the smart charging seems to keep dropping the charger rate down to 5amp instead of 10amp. It seems to only charge at the full rate for a small number of hours.

Overall, it seems like it's going to be able to cover my daily usage, and it'll be interesting to see what the experience is like with a 7kw charger. i.e. how many hours per day you end up getting at the full rate.

Over the last two days, it says I've saved £5.52 vs paying the standard rate.

The app seems decent enough, and integrating it with a Tesla was easy enough. You set a min and max charge % in the app, and if you're below the minimum, the app will charge your car up to you minimum at the standard unit rate. Once you hit your minimum, it drops to smart charging. Then I assume that smart charging starts/stops and alters the charge rate depending on grid load etc.

plfrench

2,367 posts

268 months

Thursday 30th March 2023
quotequote all
I’ve been pleasantly surprised at just how much Anytime rate has been available. We’ve not had a day yet where it’s been unable to fill us up by 7 the next morning with cheap rate. Took 39.7 kWh in yesterday saving £2.79 in one day ( up £8.04 saved since Saturday!)

It’s started charging now which would have been when I would have expected to be high demand still - pretty flexible.

jamesbilluk

3,689 posts

183 months

Thursday 30th March 2023
quotequote all
I was going to go for Octopus intelligent, but decided to go for this instead.

I've just joined up to OVO 'simpler energy' to be switched over tomorrow.

I've now checked if I can yet Anytime, apparently I do t have a smart meter for the 30 minute readings, I do, as octopus are taking 30 minute readings at the momemt..

I shall give them a ring tomorrow.

silent ninja

863 posts

100 months

Thursday 30th March 2023
quotequote all
So you're daytime rate is unchanged and you still get cheap electricity for your car?

I just switched to Octopus and wish I had known about this earlier.

plfrench

2,367 posts

268 months

Thursday 30th March 2023
quotequote all
silent ninja said:
So you're daytime rate is unchanged and you still get cheap electricity for your car?

I just switched to Octopus and wish I had known about this earlier.
Yes, my standard tariff isn’t that much at the moment as we’re on fixed tariff till July, but thought I’d give this a go. Seems to work really well, surprisingly so!

TheBinarySheep

Original Poster:

1,102 posts

51 months

Friday 31st March 2023
quotequote all
silent ninja said:
So you're daytime rate is unchanged and you still get cheap electricity for your car?

I just switched to Octopus and wish I had known about this earlier.
Yep, exactly that.

In the last 2-3 days I've put 57.7kw into the car. At my standard rate that would have been around £19. But instead it's cost £5.77.

I had a BMW 330i before an EV, and my monthly fuel bill was £200 @ 20-25mpg. Now I'm paying 10ppkw my monthly bill is less than £30.

It looks like last night after 8pm anytime allowed the car to charge at 2kw (the max for my granny charger) all night. The app says now it won't start charging until 1am tomorrow morning, which I'm guessing is because I've hit my max charge % of 80%, so tonight it knows it just has to replenish what I'll be using today. Of course, you can start an urgent charge, but you're billed at your standard rate for that.

Dimebars

897 posts

94 months

Friday 31st March 2023
quotequote all
silent ninja said:
So you're daytime rate is unchanged and you still get cheap electricity for your car?

I just switched to Octopus and wish I had known about this earlier.
Reading from OVO's website;

OVO said:
How is my ‘Charge Anytime’ credit calculated?
At the end of the month, we work out how much energy you've used to smart charge your EV. We'll use this info to credit your account in the first week of the following month. So that your smart charging rate reflects our 10p per kWh rate.

For example:

The Charge Anytime rate is 10p a kWh. And let's say your standard electricity rate is 30p a kWh.

We'll credit you 20p for each kWh you've used to smart charge your EV. To make your rate 10p.

And that means if you spend 100 hours smart charging your EV, you'll get £20 in credit back on your bill.
Edited by Dimebars on Friday 31st March 15:43

silent ninja

863 posts

100 months

Friday 31st March 2023
quotequote all
So now I just need to wait for my Octopus switch to complete before I switch to OVO. This is clearly the best deal on the market for EVs. And my car is compatible so perfect.

plfrench

2,367 posts

268 months

Saturday 1st April 2023
quotequote all
Has anyone else's savings for March disappeared? It seems as soon as it ticked over to April it lost the data for last month in the app... Maybe it's an April Fools joke from Ovo and as soon as it hits 12pm it'll return biggrin

TheBinarySheep

Original Poster:

1,102 posts

51 months

Saturday 1st April 2023
quotequote all
plfrench said:
Has anyone else's savings for March disappeared? It seems as soon as it ticked over to April it lost the data for last month in the app... Maybe it's an April Fools joke from Ovo and as soon as it hits 12pm it'll return biggrin
Same for me. March has gone

UrbanAchiever

186 posts

136 months

Saturday 1st April 2023
quotequote all
plfrench said:
Funnily enough, just started using it for the first time today.

It works by them crediting your account back for the difference between your usual tarriff and the 10p/kWh for any 'Anytime' charge delivered. Made 33p so far today (since about 11am when I got the apps hooked up) biggrin

Basically, the compatible car's app and the Ovo Anytime app triangulate with one another to establish when the car is charging at your home location and therefore how much of the electricity provided is for the car and attracts the lower rate.

Ovo are monitoring the demand levels and deem when to provide charge.

You set the minimum amount of charge you want to keep in your battery at any time when plugged in up to 50%. So, if you plug in and the car has 45% it will instantly start charging (at standard rate unless you're lucky and it happens to be at a cheap period when you plug in) till it gets to the 50% and then will stop and wait till a cheap spot. You also set a departure time on the app, say 7am. The app will ensure that you are charged to the 'full' level you set (up to 100%) by the time the departure time arrives, maximising the use of 'Anytime' 10p/kWh where it can.

Seems to work well so far. Very interesting insight into where the whole balanced grid is going. Energy companies can jettison 'excess' energy that might have gone to waste, particularly when we have more renewables than today and it's a windy night for example.

I guess the others will follow soon - but it's a sign of where EV electricity costs will be going with our move away from fossil fuels.

My wife's Born is averaging 3.7m/kWh, so on Anytime including VAT, that's 2.83 pence per mile.
You mention the cheap tariff only applies from 50% state of charge. I've been trying to find that on their website, t&Cs etc but cannot find it. Would you mind showing me where it says that? Thanks.

blank

3,456 posts

188 months

Saturday 1st April 2023
quotequote all
UrbanAchiever said:
plfrench said:
Funnily enough, just started using it for the first time today.

It works by them crediting your account back for the difference between your usual tarriff and the 10p/kWh for any 'Anytime' charge delivered. Made 33p so far today (since about 11am when I got the apps hooked up) biggrin

Basically, the compatible car's app and the Ovo Anytime app triangulate with one another to establish when the car is charging at your home location and therefore how much of the electricity provided is for the car and attracts the lower rate.

Ovo are monitoring the demand levels and deem when to provide charge.

You set the minimum amount of charge you want to keep in your battery at any time when plugged in up to 50%. So, if you plug in and the car has 45% it will instantly start charging (at standard rate unless you're lucky and it happens to be at a cheap period when you plug in) till it gets to the 50% and then will stop and wait till a cheap spot. You also set a departure time on the app, say 7am. The app will ensure that you are charged to the 'full' level you set (up to 100%) by the time the departure time arrives, maximising the use of 'Anytime' 10p/kWh where it can.

Seems to work well so far. Very interesting insight into where the whole balanced grid is going. Energy companies can jettison 'excess' energy that might have gone to waste, particularly when we have more renewables than today and it's a windy night for example.

I guess the others will follow soon - but it's a sign of where EV electricity costs will be going with our move away from fossil fuels.

My wife's Born is averaging 3.7m/kWh, so on Anytime including VAT, that's 2.83 pence per mile.
You mention the cheap tariff only applies from 50% state of charge. I've been trying to find that on their website, t&Cs etc but cannot find it. Would you mind showing me where it says that? Thanks.
You've misunderstood.

The point is that you set a minimum charge level that you need (could be 50%, could be 0%) and it will charge to that point straight away. Then it will stop and wait for a cheap window to carry on charging.

maniac886

1,214 posts

170 months

Saturday 1st April 2023
quotequote all
I am glad I spotted this thread as I was just about to switch over to Octopus but this EV Tariff from OVO seems a much better option. Thankfully the car I have ordered is compatible so will get moved over soon!