Has anyone else had this email through from Octopus today/recently about the new upcoming rate changes in the UK?
7p Off-peak to 3.49p / kWh
https://octopus.energy/smart/intelligent-octopus-go/
Well it is region depend as always, and depends on age of your contract.
Colour me shocked, expected a drop, but not that low
Colour me shocked, expected a drop, but not that low
Sad to say, Octopus like to portray themselves as the consumers Champion, but in reality they run a myriad of prices for the same product, and are not really as transparent as they claim.
I’ve been on standard flexi IOG for a few years.
The new prices arrived today SE region
Current New
SC 47.079 52.576
Day 29.627 27.965
Night 7.000 5.2000
They suggest you might want to go fixed IOG but at 52.76, 34.54 & 8.00 it makes no sense to new rates.
Reality is that as a consumer who uses 95% off peak electricity it makes no difference, but to keep promoting yourself as the shining beacon in the industry, then be transparent and offer 2 straight rates, flexi or fixed.
I accept the export rate cut was agreed before the current volatility, but will be interesting to see if they reappraise the export rate in light of current market conditions.
I’ve been on standard flexi IOG for a few years.
The new prices arrived today SE region
Current New
SC 47.079 52.576
Day 29.627 27.965
Night 7.000 5.2000
They suggest you might want to go fixed IOG but at 52.76, 34.54 & 8.00 it makes no sense to new rates.
Reality is that as a consumer who uses 95% off peak electricity it makes no difference, but to keep promoting yourself as the shining beacon in the industry, then be transparent and offer 2 straight rates, flexi or fixed.
I accept the export rate cut was agreed before the current volatility, but will be interesting to see if they reappraise the export rate in light of current market conditions.
Those fixed rates look roughCDubbs wrote: ↑Tue Mar 24, 2026 9:06 am They suggest you might want to go fixed IOG but at 52.76, 34.54 & 8.00 it makes no sense to new rates.
I accept the export rate cut was agreed before the current volatility, but will be interesting to see if they reappraise the export rate in light of current market conditions.
I am watching to see what happens to the export rates, and hoping they at least remain stable for a bit.
Is it real? I looked on the website and the off-peak rate was 12.5p. I get it for 8.5 currently on non-intelligent Octopus Go!
The prices have changed a lot due to certain circumstances going on in the World.
Existing customers on fixes are better off, new customers not so.
Octopus giveth with one hand and take with the other
A month after dropping rates due to government subsidy changes
Intelli Go rates up again tonight, lots of waffle about Straight of Hormuz and market instability
That’s all great, so it would be nice if the same issues were applied to the export rates which are staying firmly fixed
A month after dropping rates due to government subsidy changes
Intelli Go rates up again tonight, lots of waffle about Straight of Hormuz and market instability
That’s all great, so it would be nice if the same issues were applied to the export rates which are staying firmly fixed
I am on fixed still for a fair few months (end of Nov)
What are your new rates looking like?
What are your new rates looking like?
You have to laugh at the standing charge increase, absolutely nothing to do with the Iran conflict
I do wish Jackson wouldn’t try to position himself as a friend of the consumer, it’s just so false
I do wish Jackson wouldn’t try to position himself as a friend of the consumer, it’s just so false
Looks like snakes and ladders, back to square one for you sadly.