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New Octopus Intelligent Go Rates - April 1st joke?

Posted: Tue Mar 17, 2026 7:18 pm
by MaterialBarracuda48
Has anyone else had this email through from Octopus today/recently about the new upcoming rate changes in the UK?
IOG New Rates email.png
7p Off-peak to 3.49p / kWh :shock:

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Tue Mar 17, 2026 7:28 pm
by MaterialBarracuda48
https://octopus.energy/smart/intelligent-octopus-go/
IOG Main Page.png
Well it is region depend as always, and depends on age of your contract.
Colour me shocked, expected a drop, but not that low :o

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Tue Mar 24, 2026 9:06 am
by CDubbs
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.

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Tue Mar 24, 2026 9:22 am
by MaterialBarracuda48
CDubbs 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.
Those fixed rates look rough :shock:

I am watching to see what happens to the export rates, and hoping they at least remain stable for a bit.

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Thu Mar 26, 2026 4:23 pm
by jonmjones
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!

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Thu Mar 26, 2026 4:42 pm
by MaterialBarracuda48
jonmjones wrote: Thu Mar 26, 2026 4:23 pm 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.

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Thu Apr 30, 2026 6:13 pm
by CDubbs
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

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Thu Apr 30, 2026 6:57 pm
by MaterialBarracuda48
I am on fixed still for a fair few months (end of Nov)
What are your new rates looking like?

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Thu Apr 30, 2026 9:05 pm
by CDubbs
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
IMG_5289.jpeg

Re: New Octopus Intelligent Go Rates - April 1st joke?

Posted: Thu Apr 30, 2026 9:24 pm
by MaterialBarracuda48
Looks like snakes and ladders, back to square one for you sadly.