Octopus Energy: The UK's most awarded energy supplier. Most homes could save and earn up to £200 in rewards with Octopus Energy
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We match your half-hourly prices, with day-ahead wholesale rates that are uncapped. Check out the historical export rates for our agile tariff here. Best for: those with energy storage who are willing to be on the ball with when you can import and export your energy. Sell your electricity when prices are highest and use energy when prices are ...
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- Outgoing Octopus Frequently Asked Questions - Octopus Energy
The Outgoing Octopus tariff is the price we pay you for...
- What is Outgoing Octopus, and how do I join? | Octopus Energy
Our successor to the feed-in tariff (FIT), Outgoing Octopus...
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Apr 9, 2019 · The Outgoing Octopus tariff is the price we pay you for electricity you export to the grid - energy that's usually generated with solar PV panels. There are two ways to sell: Fixed Outgoing Octopus: a flat tariff, so you can sell your electricity at a flat unit price of 15p per kWh ( the current FiT export price is 5.24p per kWh ).
- It sounds simple – just start reading the meter data and calculate a credit to go on your statement. As the first supplier to offer a smart export...
- We haven’t put a limit on this. Export via any source capable of feeding energy back to the grid. So that’s not just solar PV… YOU CAN: get a micro...
- Outgoing Octopus is best for homes with significant renewable generation, but you don’t HAVE to be generating energy to benefit. Join Outgoing Octo...
- The Agile-like Outgoing payment is calculated from the day-ahead wholesale prices, Balancing Services Use of System (BSUoS), Generator Distribution...
- Yes. Our open Agile API already provides access to the Outgoing Octopus tariff! Drop us a line via agile@octopus.energy to find out more.
- There’s no limit to the export rate set on our tariff, or on your smart meter, and the total electricity you export per month isn’t limited. Howeve...
- On Agile, our Plunge Pricing means we pay you to use electricity when wholesale rates are negative. You might think we would charge you to export e...
- Your smart meter will measure the import and export values and report these in 30-minute blocks. So if for example you consume 1kWh from 09:00 to 0...
- The flow of electricity into your home (consumption) and from your home (export) are measured separately by your smart meter. There are separate ‘i...
Our successor to the feed-in tariff (FIT), Outgoing Octopus is perfect for homes with solar panels, battery storage, or any other way of sharing energy back to the grid. The tariff comes in two forms: Fixed or Agile. Outgoing Fixed guarantees 15p per kWh for every unit you export.
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You need to have a renewable electricity generating system that meets the SEG eligibility requirements. You must have a meter capable of providing half-hourly export readings. This would typically be a smart meter. Speak to your energy supplier about getting a smart meter installed if you do not already have one. You need to show that your installa...
You need to apply directly to a SEG tariff supplier to get paid. The Ofgem website lists the energy suppliers that provide SEG tariffs. Your SEGtariff supplier does not need to be the same as the supplier that provides your energy. SEGsuppliers are required to offer you a tariff but are free to determine the terms of the tariff they offer, for exam...
Use the Energy Saving Trust calculatorto estimate: 1. how much you could save from solar panels or other renewable electricity generating systems 2. how much you could earn selling unused energy back Although you will not be paid for electricity that you use yourself, you will save money through importing less from the grid. Find out more about the...
Solar. Your total production is the amount of energy your solar panels generate, which is then used by your home. Any excess energy that you do not use is sent to the grid, and we credit you for that excess production.
May 21, 2021 · The important stuff: You get solar buyback with most of our plans, with no extra cost. When your solar panels produce more energy than you need, you get credits when you send excess energy to the grid. Solar credits have limitless rollover, no cap, and no expiration date.
This means that whatever the wholesale rate is at your time of export real-time, is the price we pay you for your excess solar energy. This rate changes every 15 minutes depending on the market. To take advantage of solar buyback credits, it’s imperative that you watch grid conditions so you’re not using more than what you’re exporting.
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