Octopus Agile & GivEnergy Battery Storage

If you are thinking of moving to solar energy then you must read about the Octopus Agile Tariff and GivEnergy Battery Storage and together how much of a game changer they are. The Agile Smart Tariff stands out as the pioneer in combining 100% green energy with Plunge Pricing, aiding the collective effort towards achieving net zero while significantly lowering energy costs.

Agile Octopus

Agile Octopus, introduced by Octopus Energy in 2018, is a 100% green energy tariff that stands out by offering “plunge pricing.”

What is Plunge Pricing?

When electricity generation surpasses consumption, energy prices experience a decline, occasionally dropping below zero. This occurs as the National Grid seeks suppliers to draw excess energy from the grid. What sets Agile Octopus apart from other energy tariffs is its use of dynamic energy pricing. Rather than paying a fixed rate for electricity, customers benefit from real-time pricing adjustments. Agile Octopus promptly notifies its customers whenever energy prices decrease, empowering them to adjust their energy usage accordingly. For instance, one might choose to charge an electric vehicle or run the dishwasher during these cost-effective periods.

By monitoring wholesale energy prices every half hour, customers can seamlessly adapt their lifestyle to leverage more affordable electricity. Notably, there is a peak period from 4 pm to 7 pm when rates are at their highest, making it advisable for customers to shift their energy usage outside of this timeframe whenever feasible.

How does the Octopus Agile Tariff work with GivEnergy Batteries?

Your solar panels and battery provide you with free electricity, and if required, you draw electricity from the grid. The GivEnergy battery is programmed to prevent the purchase of costly electricity.

Every day at around 4pm, your unit rates are adjusted for the next 24 hours based on the wholesale market rates. Octopus Energy then configure the GivEnergy battery storage system to optimally use the most cost-effective electricity.

The combination of solar PV, GivEnergy battery storage, and Agile Octopus energy has the potential to slash your energy bills by over 85%, and all your electricity is sourced from a renewable green origin. It’s a win-win situation for you and the environment.

Do you own an Electric Vehicle?

If you own an Electric Vehicle or have battery storage with GivEnergy, the Octopus Agile Tariff is ideal. When prices plunge you can plug in your vehicle and make the most of the free energy or you can store the energy in your batteries until you need it, thus making use of clean renewable energy.

If you are looking at getting an Electric Vehicle you may be interested to know that the British Zappi EV Charger comes with an online portal that also enables you to monitor Agile Octopus prices and automated the charging of your EV.

What are the benefits of switching to Octopus Energy?

  • It is well-known that Octopus supply 100% renewable and clean energy.
  • Octopus outstrip their competitors in the customer satisfaction stakes. They have won Which? Recommended Energy Supplier for no less than six years in a row, not bad for a company that is only seven years old!
  • Octopus don’t charge exit fees on it tariffs.
  • They supply over 3 million homes as well as many businesses including M&S Energy and Co-operative Energy.
  • You can get £50 credit with our referral link
  • Octopus energy customers with solar panels are seeing significant savings on their energy bills and good earning from the energy they sell back to the grid.

Contact us to find out more about pairing Octopus Agile with GivEnergy Batteries.

SolarGain is a family company and we offer no obligation quotations and are happy to just answer any questions you may have on the benefits of Solar and the long term cost savings. Get in touch with us today on 0800 001 6258, or complete our Solar Survey form and one of our solar engineers will get back in touch with you.

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We are happy to answer any Solar questions you may have and also offer a free, no-obligation, solar quotation service.

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