Octopus energy company. Anyone use 'em?

Octopus energy company. Anyone use 'em?

Author
Discussion

MrBarry123

6,027 posts

121 months

Sunday 29th November 2020
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Thanks for the heads-up guys. I’ve requested my octopus now too.

pingu393

7,784 posts

205 months

Tuesday 1st December 2020
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Mariosbt

2,452 posts

66 months

Tuesday 1st December 2020
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Don’t know if it’s already been mentioned but I watched a programme on tv where they converted a Karmann Ghia to electric The final cost was IRO £30K. eek

illmonkey

18,194 posts

198 months

Wednesday 2nd December 2020
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illmonkey said:
Meter fitted and all communicating. I've had to do some math to get the averages, per day over the time we've lived here:

Electric: 11.96KWh
Gas: 1.94m3 / 21.57KWh

Take our tariff into consideration (without standing charges, this is usage only)

Electric: £1.61
Gas: £0.70

So that's what the target is set at. Well, £1.60 for the electric.
7 days later and my average figures are...

Electric: £1.96
Gas: £1.43

Gas is high as last week was the first week we properly put the heating on.

babelfish

922 posts

207 months

Thursday 10th December 2020
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Three months in with Octopus and they say they are increasing my monthly DD from £100.92 to £128.19 despite average usage of £89.96 per month and therefore being in credit!!

Waiting for their response justifying this as I can't change it back online ("Payment amount could not be updated").


pingu393

7,784 posts

205 months

Thursday 10th December 2020
quotequote all
babelfish said:
Three months in with Octopus and they say they are increasing my monthly DD from £100.92 to £128.19 despite average usage of £89.96 per month and therefore being in credit!!

Waiting for their response justifying this as I can't change it back online ("Payment amount could not be updated").
Are you over a month in credit?

I think they like you to be at least a month in credit all the time.

Funk

26,270 posts

209 months

Thursday 10th December 2020
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Funk said:
i4got said:
Funk said:
I'm coming to the end of my Octopus tariff and they're coming in dearer than others by a not-insignificant margin so it looks like it'll be time to switch. EON are cheapest and I've been with them before - they were OK. I like Octopus and if the difference in cost for the year wasn't £150-odd I'd probably stay but £150 is £150...
£150 is worth a call to them before you switch. They can only say no.
Emailed them, they've replied...no.

Guess my weekend will be spent checking energy tariffs again then... Some of the comparison sites don't seem to allow you to show only those suppliers who DON'T require you to have a smart meter which is annoying. It's only when you click through to each and check the small print that it says, "...must have a smart meter or get one installed to have this tariff..." etc. I don't have one and I don't particularly want one as I can't see any benefits, only downsides.
So after a lot of shopping around (and finding out that a number of the cheaper tariffs are contingent on agreeing a smart meter install within 3 months) I've just taken another Octopus tariff for the time being - with no exit fees I can review in the new year and move if something better presents...

babelfish

922 posts

207 months

Thursday 10th December 2020
quotequote all
pingu393 said:
babelfish said:
Three months in with Octopus and they say they are increasing my monthly DD from £100.92 to £128.19 despite average usage of £89.96 per month and therefore being in credit!!

Waiting for their response justifying this as I can't change it back online ("Payment amount could not be updated").
Are you over a month in credit?

I think they like you to be at least a month in credit all the time.
After they didn't reply to my email after a couple of days I used twitter. A couple of hours later the DD was returned to the previous amount.

No mention of being a month in credit, currently about 2 weeks in credit.



Matt..

3,594 posts

189 months

Sunday 13th December 2020
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Are there any offers to switch right now?

I need to get out of my Ovo 2yr fixed that is costing me a fortune now I'm working from home. It has a £60 exit fee though!

Toaster Pilot

14,619 posts

158 months

Sunday 13th December 2020
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Matt.. said:
Are there any offers to switch right now?

I need to get out of my Ovo 2yr fixed that is costing me a fortune now I'm working from home. It has a £60 exit fee though!
What’s the tariff you’re on? You could counteract the £60 exit fee with a £50 referral credit but apart from that you might find it’s not worth changing just yet.

I’d send you an email with some tariff details but your PH profile doesn’t permit emails.

Matt..

3,594 posts

189 months

Sunday 13th December 2020
quotequote all
Toaster Pilot said:
What’s the tariff you’re on? You could counteract the £60 exit fee with a £50 referral credit but apart from that you might find it’s not worth changing just yet.

I’d send you an email with some tariff details but your PH profile doesn’t permit emails.
My tariff is terrible. I did some calculations earlier and I can save upto £200/yr by changing supplier. Octopus isn’t such a good saving, but it seems like a good option.

Avro gives better savings, but I’d rather go with a more known business.

I work from home and my gas bill is very high from heating. My OVO tariff is 27.4p standing charge and 3.16p kWh gas. It’s costing a minor fortune.

Greshamst

2,053 posts

120 months

Friday 29th January 2021
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Has anyone had a smart meter installed recently?

Got one put in on Tuesday (annoyingly electric only, gas is the other side of the building and too far to register) and the installer said the in home display will start showing figures within 20 mins.

3 days later and still no display results. Have emailed octopus and still waiting on a reply. Done some Googling but can’t find an octopus forum etc.

illmonkey

18,194 posts

198 months

Friday 29th January 2021
quotequote all
Greshamst said:
Has anyone had a smart meter installed recently?

Got one put in on Tuesday (annoyingly electric only, gas is the other side of the building and too far to register) and the installer said the in home display will start showing figures within 20 mins.

3 days later and still no display results. Have emailed octopus and still waiting on a reply. Done some Googling but can’t find an octopus forum etc.
Yes, it’s crap. Don’t expect it be much better. 90% of the time I don’t see gas, 40% of the time I don’t see electric. A restart fixes it and you can then see the figures, including historical, but the display just can’t find the meters.

Even the guy I spoke to about it at octopus said they were crap!

Funk

26,270 posts

209 months

Friday 29th January 2021
quotequote all
illmonkey said:
Greshamst said:
Has anyone had a smart meter installed recently?

Got one put in on Tuesday (annoyingly electric only, gas is the other side of the building and too far to register) and the installer said the in home display will start showing figures within 20 mins.

3 days later and still no display results. Have emailed octopus and still waiting on a reply. Done some Googling but can’t find an octopus forum etc.
Yes, it’s crap. Don’t expect it be much better. 90% of the time I don’t see gas, 40% of the time I don’t see electric. A restart fixes it and you can then see the figures, including historical, but the display just can’t find the meters.

Even the guy I spoke to about it at octopus said they were crap!
I shall continue to stand firm against having a smart meter installed for a while yet then..! biggrin

illmonkey

18,194 posts

198 months

Friday 29th January 2021
quotequote all
Funk said:
illmonkey said:
Greshamst said:
Has anyone had a smart meter installed recently?

Got one put in on Tuesday (annoyingly electric only, gas is the other side of the building and too far to register) and the installer said the in home display will start showing figures within 20 mins.

3 days later and still no display results. Have emailed octopus and still waiting on a reply. Done some Googling but can’t find an octopus forum etc.
Yes, it’s crap. Don’t expect it be much better. 90% of the time I don’t see gas, 40% of the time I don’t see electric. A restart fixes it and you can then see the figures, including historical, but the display just can’t find the meters.

Even the guy I spoke to about it at octopus said they were crap!
I shall continue to stand firm against having a smart meter installed for a while yet then..! biggrin
I just wanted it for the automatic meter readings, to take readings I have to go onto my neighbours property, not ideal!

Don’t really see the point in them, when you get to 7pm and you’ve hit your target, do people not have dinner and go to bed?!

illmonkey

18,194 posts

198 months

Wednesday 3rd February 2021
quotequote all
Renewal time.

They are offering, for 12 months fixed.

Electricity
Unit rate 16.7055p per kWh
Standing charge 21.2415p per day

Gas
Unit rate 3.0975p per kWh
Standing charge 21p per day

Any good comparable companies to look at?


Toaster Pilot

14,619 posts

158 months

Wednesday 3rd February 2021
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Isn’t their flexible gas tariff less than that?

eliot

11,423 posts

254 months

Wednesday 3rd February 2021
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their "go" tariff should be cheaper than that even if you dont take advantage of the cheap overnight

illmonkey

18,194 posts

198 months

Wednesday 3rd February 2021
quotequote all
Toaster Pilot said:
Isn’t their flexible gas tariff less than that?
Flexible is

Unit rate 16.128p per kWh
Standing charge 20.1915p per day

Unit rate 3.0345p per kWh
Standing charge 17.85p per day

illmonkey

18,194 posts

198 months

Wednesday 3rd February 2021
quotequote all
eliot said:
their "go" tariff should be cheaper than that even if you dont take advantage of the cheap overnight
You're right, even without utilising the cheap period it's cheaper over a year for electricity. Assuming you go with the fixed gas tariff I'd save £80 over the year vs the fixed for both electricity and gas.

Current £1,046.75
Flexible Octopus £1,086.15
Octopus 12M Fixed £1,131.13
Super Green Octopus £1,147.44
GO £1,007.85