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.