OVO Drive new 5p charge anytime

[Lguk]

You need to calculate the 20 hours at peak too. The cap is around 26p so 5p/kwh lower than your peak fixed rate. You're still saving by being on Go for anything more than a couple of hours a week of EV charging.

 

[Ozzie1989]

You need to calculate the 20 hours at peak too. The cap is around 26p so 5p/kwh lower than your peak fixed rate. You're still saving by being on Go for anything more than a couple of hours a week of EV charging.

You're right, sorry I forgot to actually amend the 'Go' rate so both were comparing the cap. Here's the full table adjusted...

Variable	Pence		GO	Pence
Gas Rate	7.00		Gas Rate	7.00
Gas SC	27.00		Gas SC	27.00
Elec Rate	28.00		Elec Rate	30.77
Elec SC	45.00		Elec SC	24.86
			EV hours	7.50
Per Year Gas £	880.31		Per Year Gas £	880.31
Per Year Electric £	1836.97		Per Year Electric £	1928.94
Total £	2717.28		Total £	2809.25
EV 10 hours a week	960.96		EV 10 hours per week	257.40
Overall Total £	3678.24		Overall Total £	3066.65

Caveat All EV charging is assumed to be completed during the off peak window. The more you charge in the peak window the less savings you make and vice versa.

Note: per year electric (without EV charging) is based on my personal consumption of approx. 6000kw per year.

 

[Gomev]

I have just contacted Octopus (I was moved after the demise of Avro) and they said they would only do me a meter upgrade if I commit to GO.
They wouldn't/couldn't give me the new variable rate from April.

The GO rate for my area is standing charge unchanged at 26/27p and peak at 29.82p off peak as has been said 7.5p. This would be fixed for a year.

Should I do it ? My EV charging requirements are small, 5000 miles, if that, a year currently mostly covered by free supermarket chargers (won't last forever). Current variable all day rate is just under 20p.

 

[Ozzie1989]

Your electric will likely go up to 28p/KWh if you're on variable.

If you charge less than 10 hours per week at home or you have other high power electric appliances you use in the day (shower, induction hob, etc.), probably not worth it. See my table above, hopefully it'll help.

Note octopus just fitted my smart meter, I didn't have to agree to go onto Go to do this, just told them I was considering it once the car arrives. I've waited since November when I first asked them for it but not an issue. I think if you sign up to go they will prioritise you