Can Switching Tariffs Save Money? Octoprice Analyses Your Octopus Energy Data

Sdílet
Vložit
  • čas přidán 7. 06. 2024
  • Check out the free Octoprice App and the many tools it features to enable quick and easy analysis of your smart meter data. Compare tariffs to see how much you could save if you switched, simulate what would happen if you shifted your usage to different times of the day, and even get a full year fancy visualisation image to drool over for hours. Try it out yourself here: www.octopriceuk.app
    Sign up to Octopus Energy here using my referral link (we both get £50 credit if you do):
    share.octopus.energy/crisp-mo...
    Or quote the referral code: crisp-moth-619
    Tim's Rule Of Thumb Video:
    • Best Octopus tariff fo...
    Buy me a coffee:
    www.buymeacoffee.com/speaktot...
    paypal.me/speaktothegeek
    Join this channel to get access to perks:
    / @speaktothegeektech
    As an Amazon Associate and member of the eBay Partner Network I earn from qualifying purchases. Most links above are affiliate links and I may earn a small commission from any purchases you make if you use them.
  • Věda a technologie

Komentáře • 37

  • @jeanh9641
    @jeanh9641 Před 23 dny +2

    Thanks, Oliver. I would never have found that by myself.

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 23 dny

      You’re welcome, all credit to the hardworking developer of the tool though

  • @MikeGleesonazelectrics
    @MikeGleesonazelectrics Před 23 dny +1

    Fantastic tool! Thanks..

  • @ecoterrorist1402
    @ecoterrorist1402 Před 23 dny +1

    Nice Find

  • @terrymackenzie6784
    @terrymackenzie6784 Před 23 dny +1

    I've spent hours downloading that data and doing it myself 😢 I will give it a try later

  • @Jaw0lf
    @Jaw0lf Před 23 dny

    Brilliant find, I am on Intelligent Ocopus Go and first Summer with the incresed 15p Export rate. My system is certainly behaving differently and it will be interesting to see how this compares.

  • @neil-brenner
    @neil-brenner Před 23 dny +1

    What a brilliant tool, Thanks for the pointer, Oliver. BTW, can you do some frames for me to put my printouts into, too? An excellent video, as always.

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 23 dny

      Haha I only got the one frame and I shall leave Tim’s face in it for now :)

    • @neil-brenner
      @neil-brenner Před 23 dny

      Are you going to the Everything Electric North show next week?

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 23 dny

      Nope, I just did the London one this year - North would be a massive trek for me!

  • @DavidBarker-fv1vg
    @DavidBarker-fv1vg Před 22 dny

    I just finished downloading data to do my own calculations (I’ve set my battery to simulate using Flux over the past week). Current tariff Agile import with fixed 15p export.
    My calculations: Flux better by £7 per week. IO Flux could be better by £12 per week (if it works nicely).
    Octoprice app: Flux better by £4 per week. IO Flux could be better by £14 per week (if it works nicely).
    Promptly popped over to my account and signed up to give IO Flux a go…fingers crossed!

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 22 dny +1

      Good luck! IOF seems a good fit for a lot of people at the moment. Check out Tim & Kat’s Green Walk and Gary Does Solar, they are both trying it out right now too

  • @terrymackenzie6784
    @terrymackenzie6784 Před 22 dny

    That tool is pretty cool, I've been pulling the data of the API myself since I've been with Octopus and trying to do the same but this tool does it all for you. It doesn't give me the same answers as I'm getting but I guess that will be issues in my code.

  • @geoffreycoan
    @geoffreycoan Před 12 dny

    It's a great app/website, and worth highlighting that on ios you can create a bookmark link to it on the desktop so it looks and behaves just like any locally installed app.
    The tariff hopping is a great feature but unfortunately doesn't let you change your consumption profile through the year, eg overnight in winter you would probably charge your batteries if on a time of day tariff, but summer probably not. For me I'm not convinced about its figures, it suggests on the tariff hopper that Flux is slightly cheaper than Agile in the winter months, whereas on the tariff comparison it says that it's £200 more expensive which I think is correct, but anyway, great tool

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 12 dny

      In terms of its accuracy, it is spot on based on the data it has. However what the tariff comparison doesn't consider is that you would probably shift your usage pattern to align with the different tariffs in real life. And comparing with Agile is always going to be dodgy... it's just far too unpredictable! Still, I do agree it's a great tool for getting a rough idea of what could have happened

    • @geoffreycoan
      @geoffreycoan Před 12 dny

      @@SpeakToTheGeekTech I think there is something wrong with the tariff hopping (which is in beta) for me as the winter Flux prices are very flow given my high ASHP consumption. The tariff comparison seems correct. Regardless its much easier to use than creating a spreadsheet 👍

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 12 dny

      Ah ok. Have you checked the meter data gap tool to see if there is data missing?

  • @ecoterrorist1402
    @ecoterrorist1402 Před 23 dny

    just out of interest how much is that lite export in pence per kwh, as one of my customers is now about to change

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 23 dny

      8p/kWh on lite so if you can get Intelligent Octopus Go for 15p export then it’s well worth doing that

    • @ecoterrorist1402
      @ecoterrorist1402 Před 22 dny

      @@SpeakToTheGeekTech thanks for the heads up!

  • @rayroulstone3565
    @rayroulstone3565 Před 23 dny

    Giving your API key is probabily not a good idea?

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 23 dny +1

      It's a matter of trust. You can always revoke the API key after you've tested it and generate a new one. But also, we're trusting that the web site doesn't store it and it's kept totally locally in your browser. The developer has even shared the source code so as you can confirm that if you wanted, even host your own version. At the end of the day, if you don't want to share the API key though don't use the service.

  • @MagicianMan
    @MagicianMan Před 23 dny

    I thought you had an EV, you should be able to be on Intelligent Go??

  • @norfolkmustard
    @norfolkmustard Před 23 dny +1

    Nice. NB though that it's not showing accurate cost for IOG actual usage - it's only able to use the default rate periods in the day, it doesn't account for extra cheap rate hours you may have got on top of the 23:30-05:30 window

    • @SpeakToTheGeekTech
      @SpeakToTheGeekTech  Před 23 dny +1

      Fair enough, that would mean the IOG values are even better than they appear in the tool then

    • @ians3328
      @ians3328 Před 22 dny

      I little bit picky on what is a brilliant tool.