OVO Drive new 5p charge anytime

[N2STY]

So I see to day OVO have just changed there drive tariff which comes in close to new price cap with a big but standing charge is almost 1/2 of price cap and a 5p kW charge any time

 

[Blind Optom]

A very impressive move from them in the market

 

[N2STY]

I just checked ohme is one of there compatible chargers and if you don't have one you can still join ovo drive then get a discount on a charger install then add the 5p tariff

 

[DuracellBunny]

I just checked ohme is one of there compatible chargers and if you don't have one you can still join ovo drive then get a discount on a charger install then add the 5p tariff

I have a home charger already, if I pay for one of theirs to get the 5p deal instead of 7.5p Octopus offers I'd have to drive 80k miles to break even.

The only reason I can think of for them to impose their charger is to avoid people charging domestic batteries with cheap electricity.

 

[Alb]

I don't want to go down the road of having to change my charge point installation every time I change my energy supplier.

 

[N2STY]

You don't have to change charger as long as its a smart charger that can handle 30min tariffs

 

[Alb]

That isn't what OVO show on their website

 

[N2STY]

I have just added the tariff with a charge fitted by motability
Any smart charge ver 3.0 or smart pro

Mine was ohme smart pro

 

[5teep]

Do you not think you're paying back any savings in spades with the high standard rate of 30p a kwh?

My own home charger is a simple dumb one that only takes 4 or 5 hours to recharge my car. That would save me about £1 per charge at those rates but my standard rate is only 19.6p currently which is over 10p cheaper per kwh.

 

[N2STY]

You are lucky then as my deal ends on 27th of Feb and the new cap is 28pkw and 45p standing so to me 29pkw standing 20p then to charge car 5pkw is a better deal

 

[5teep]

No argument there ) If you do the maths and it works out cheaper overall then it's a good deal.

 

[DuracellBunny]

Do you not think you're paying back any savings in spades with the high standard rate of 30p a kwh?

My own home charger is a simple dumb one that only takes 4 or 5 hours to recharge my car. That would save me about £1 per charge at those rates but my standard rate is only 19.6p currently which is over 10p cheaper per kwh.m

Do you not think you're paying back any savings in spades with the high standard rate of 30p a kwh?

My own home charger is a simple dumb one that only takes 4 or 5 hours to recharge my car. That would save me about £1 per charge at those rates but my standard rate is only 19.6p currently which is over 10p cheaper per kwh.

Octopus Go and the likes make sense if EV usage is greater than domestic use (7.5+31)/2=19.25p/KW on average.
I'm on 23p/kw with Scottish Power from this January so I am in no rush to switch.

Alternatively a domestic battery around 10kwh could shift nearly all domestic usage to nighttime cheap tariff but it takes about 5 years to pay for itself.

 

[N2STY]

One other thing I like ovo is the 5p is anytime charging which helps me as work alot of night and there is nothing stopping me using the V2L to save a bit more

 

[DuracellBunny]

One other thing I like ovo is the 5p is anytime charging which helps me as work alot of night and there is nothing stopping me using the V2L to save a bit more

Do MG EV's support V2L?

 

[N2STY]

Do MG EV's support V2L?

The face lift does yes

 

[ARealHuman]

I wonder how this will change when/if the market goes to real-time adjustable billing - they bill you more during peak, less (which is obviously relative). Several companies are pushing for this, obviously it's in their benefit to do it. Also, you can't get this tariff if you live near a nuclear weapons early warning systems!

Smart meters threaten to interfere with nuclear missile warning system

Ministers stop the rollout of new smart meters to some homes near RAF Fylingdales

www.telegraph.co.uk

 

[DuracellBunny]

I wonder how this will change when/if the market goes to real-time adjustable billing - they bill you more during peak, less (which is obviously relative). Several companies are pushing for this, obviously it's in their benefit to do it. Also, you can't get this tariff if you live near a nuclear weapons early warning systems!

Smart meters threaten to interfere with nuclear missile warning system

Ministers stop the rollout of new smart meters to some homes near RAF Fylingdales

www.telegraph.co.uk

I have noticed this smart meter nonsense, looks like a coordinated campaign.

 

[Lguk]

There's an RF exclusion zone around certain sites, there are alternative methods for getting those properties on a smart meter using a different communication method.

 

[emanon]

OVO Drive is only available if you have electric & gas with them. Not available for electric only...

 

[Ozzie1989]

Do you not think you're paying back any savings in spades with the high standard rate of 30p a kwh?

My own home charger is a simple dumb one that only takes 4 or 5 hours to recharge my car. That would save me about £1 per charge at those rates but my standard rate is only 19.6p currently which is over 10p cheaper per kwh.

I looked into this for my situation (I'm on a variable tariff after the demise of Avro) and the savings are still there:

New Price Cap (April 2022)

Per Year Gas £	880.31
Per Year Electric £	1836.97
Total £	2717.28
EV 10 hours a week	960.96
Overall Total £	3678.24

Octopus Go (new rates, 7.5p off peak, 31p peak)

Per Year Gas £	880.31
Per Year Electric £	1836.97
Total £	2717.28
EV 10 hours per week	257.40
Overall Total £	2974.68