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Jul 25, 2023
Octopus Flux
We are pleased to introduce Octopus Energy's most recent innovation in renewable energy solutions: Octopus Flux, a unique energy tariff developed specifically for households equipped with solar panels and battery systems.
Octopus Flux is designed to maximise the efficiency of your solar and storage units, thereby offering significant potential for a reduction in your energy expenditures.
Understanding Octopus Flux Energy Tariff
Octopus Flux is an intricate tariff tailored for proprietors of solar panel installations and storage systems. It incorporates a tri-rate energy structure, amalgamating the import costs with the Smart Export Guarantee (SEG) tariff into a singular, cohesive plan. Being a variable tariff, the pricing and standing charges per kilowatt-hour are subject to fluctuation in alignment with the wholesale energy market. As the market adjusts, so too will the Octopus Flux tariff rates correlate.
Operational Dynamics of Octopus Flux
The objective of Octopus Flux is to adeptly manage your import and export tariffs, thereby providing the homeowner with the most favourable rates for both consumption and distribution of solar-generated electricity.
The tariff features symmetric import/export rates with three distinct pricing periods during the day:
Exceptionally economical rates are made available between 02:00 – 05:00 daily, permitting the opportunity to charge your storage battery or electric vehicle at minimal cost, given Octopus Flux’s compatibility with EV charging.
There is a peak rate applicable between 16:00 – 19:00, which is the opportune moment to utilise your battery's energy reserves or to export surplus electricity back to the power grid.
A uniform daytime rate applies to all other periods.
Enrolment in the Octopus Flux Tariff
Eligibility for Octopus Energy's innovative Octopus Flux tariff necessitates the prior installation of solar panels and a smart meter. For UK residents and business owners interested in capitalising on this advantageous energy tariff, we invite you to request a complimentary quotation for solar panel installation from our esteemed team.
We encourage you to initiate contact today, thus commencing your journey towards solar optimisation with Solar Panels London.
We thank you for your attention and look forward to facilitating your transition to a more sustainable energy solution.
Kindest regards,